One issue you may encounter is that the title company the REO asset manager has chosen may not allow same day back to back closings using transactional funding. 

There is so much competition out there, that the good ones aren't just going to be sitting around waiting to be chosen.

I pay my dog sitter this way.My tenants have chosen to make the trip to my bank and deposit right into my account.

If your offer is good til sold it may be chosen/accepted later.3.

This is just part of the "busines we have chosen."2) You're in control.

Making an assumption for the purpose of creating a scenario does have its downfalls, at times.But for whatever reason, you have chosen to use another method, wholesaling.

This limits the impact on your credit score of letting multiple mortgage lenders do a hard pull within a month's time while you shop for the best loan deals.When you're ready to close, only your chosen lender will do the final hard pull to verify your financial position has not changed significantly.

The way they have chosen to handle this situation and so obviously price gouge you tells you already their general attitude.

Or does the low income area you have chosen not really have a high appreciation rate. 

I would have likely chosen more "renter-friendly" finishes had I thought I was going to rent it from the start.