You will find no shortage of complaints on this board but most of the complainers refuse to acknowledge their share of the blame.

As you mentioned, it is odd that they wouldn't take the 10 seconds to drop a line saying they acknowledge your message.

As you more or less acknowledge you immediately declare that you are there as a buyer or buyer's agent and not there to talk with the seller about listing their property.I happen to buy from the MLS.

Obviously he would prefer something more 'secure' than a second mortgage in case default were to occur (which we both acknowledge is highly unlikely).

I acknowledged it is a tier 2 city but we have finally learned how to embrace that role and play to our strengths. 

What was harder was acknowledging that we had made a mistake buying it.

There is likely more to the story that will need to be acknowledged.

I did have a conference call with a number of their executives and they acknowledged the issues so I would hope that the process has gotten easier. 

Are there things he could have mentioned, sure, but those things should have been mentioned simply because you overlooked them, not because you didn't know to look for them yourself.You got in over your head with the whole project, failed to vet the GC, and failed to understand the true scope of work needed to complete the project.It sucks, hard lesson to learn, but man up, acknowledge its your responsibility, and move on.You'll likely not make any money on this project, but education is expensive.

I did not hear anything from the agent today, not even an acknowledgement that he received my offer.