Perceive them as someone you can't trust until after you have built a relationship with them.  

Return is all based on (perceived) risk. best for you is not best for me.That said, big ROI opportunities now are in half vacant office, struggling hotels, small margins in industrial (occupied), multi family etc.

It could also be a perceived notion that an FHA/VA will not close due to underwriting or that he cannot accept the slightly increased timeline.Right now it's just guessworks so pickup the phone and call the listing agent directly to find out the story. 

The reason lending rates vary from region to region is due to the perceived risks. 

Most syndicator leads (if for efficiency if nothing else) would want control and outside (passive) investors don't want the (perceived or real) liability of being an managing member.All of that said, I'm no lawyer, this isn't legal advice, maybe there's some simple almost-free way to set it up.   

Banks lend preferentially to certain types of companies--it is sometimes very difficult to get financing if you are perceived to be in the "wrong" industry.

I could also see the downside of the LOI as not being perceived as a serious offer.So, what's your thoughts on using letters of Intent?

I perceive an issue where we run into issues with consistently funding closing costs.

But aside from what I perceive as their incompetence in almost every aspect, they are also an accounting disaster zone.

They typically are creating a Seller Financed loan based on the perceived value of the property which is the sale price.