But bigotry does not make negative perceptions any less of a handicap in this world.And how bad is the dropout stereotype going to be in 2030, when our OP here is in his late 20s?

IE a JV deal.. and they take title in the name of that LLC.the benefit to them is if you fail according to the operating agreement in the LLC they can just eject you from the LLC and not have to foreclose.. now in principal i personally see nothing wrong with that set up as a lender. but its not the perception that most that reply to their no money down lending program are aware of .. and or since most are beginners it could be a little overwhelming or complicated for the borrower to fully comprehend.. with a borrower just thinking hey if it closes great were do i sign.

I know there are bad agents, so find a GOOD one and change your perception. 

Suggestions were mostly for perception purposes.  

Picture the backlash if it became public knowledge this "partner" was a serious and documented threat to society.

The TENANT may agree to waive those protections, but if you want SOCIETY (read "the courts") to honor your CONTRACT with the tenant, then you'd better give due consideration to society's concerns.

Show the listing broker you have money to perform and they might be willing to spend time on questions.Some investors out there have misguided perceptions that brokers are just waiting for any old potential buyer to call them and spend tons of time with them for free answering all kinds of questions.

Everyone is quick to point to the "litigious nature" of society today and how its ruining America, but when a simple issue like this arises the first suggestion is "get a lawyer!!"

Sadly many of the banks are the corrupt ones.We can lay blame all over the place.In every facet of society in every profession there will be individuals who break the law.REO brokers are not "rolling in it" like many think.The banks squueze them for 1 percent rebate,then they get hit with computer platform fees,talking to untrained workers in other countries,banks not paying back re-imbursements etc.These large REO companies have to do a ton of volume just to break even.Brokers in the know aren't even listing REO anymore in residential and are on the buying side.No mountains of requirements and low fees.Instead the buyers broker gets a higher co-op usually than the REO broker.When the down turn first started YES REO brokers made a killing.Then all the agents came in and banks started cutting fees and upping requirements.I find it much easier now to work with the pre-foreclosure departments than the REO ones.

Our society has hit a point where 9 out of 10 people/vendors are no longer responsive.