Something problematic they find that was undisclosed on your application (not saying you'd do this, just giving an example), title issues, entity issues, issues with the appraisal even if the value is acceptable...you can either bite the bullet and pay for the appraisal, don't move forward with the loan, or try and find a HML/PML willing to lend to you without an appraisal. 

You would have to line up carriers that accept LLCs on non-owner-occupied dwelling coverage.

Heck, who knows maybe they’ll be acceptable. 

Depending on your state you may or may not be allowed to accept a partial payment during the process.

Advertise as you please, on any venue that will accept your line of work and be honest about who you are and how you can help homeowners, and people that don't want to deal with real estate fees.

Course of prior conduct may be used to determine what constituted acceptable quality.

(Imagine if they had countered your offer at $500 higher, would you have accepted it?

After months on the market, I made an offer over $20k under the asking price and it was accepted.

Thank you everyone for your feedback.I have decided NOT to accept the offer from SINGH based on the responses I received on Biggerpockets along with some other insight...Logic prevails.Thank you againDoug

That is interesting that people praise Rich Dad Poor Dad for its genuine message: to first acquire financial aptitude; however, on the flip side of the coin, my observation leads me to believe that the BP community views Kiyosaki's teachings as sale-like by pushing his products/classes.Nonetheless, does anyone have advice for a newbie who wants to acquire more knowledge about the industry?