The Court rejected cabinets as personal property, despite cost segregation study(!)

One tiny detail missed and they will reject your permit causing you to wait even longer.  

Seller rejected my final position after the inspection report.  

I know young engineer couples that cannot afford their down payment, and would get rejected by the bank anyhow on a DTI basis.Sooner or later reality will catch up.As for the data - I sorted for the lowest price-to-rent ratios.

It is the seller's call whether to accept or reject, not the listing agent.There are quite a few bad apples in any profession, including realtors.

Anyone having tenancy in the unit, over age of 18 is screened, criminal background check per person is what your looking at,,if one of them don't meet criteria then you have to reject the application..Credit wise you combine the 2 incomes to see if they meet the credit criteria,, one may have good credit / income,, one may not... but combined they still would need to meet the criteria set.A person, even a child is a tenant,, they are listed on lease as minor child , date of birth.If your criteria is 2 people and the couple has a child,, then they would not qualify for the unit they are OVER occupancy.. 

So if you are not yet over the threshold of being an accredited investor, it's probably a waste of your time to analyze the PPM, and do all the other due diligence, because they will most likely be forced to reject you at that point.

That's fine, I'll find someone else.I understand that, when a prospective tenant applies, you cannot legally reject them for a lot of reasons (race, age, they have a family, whatever).

Approve, reject, approve with guarantor?

You can get quality tenants in a bad area, but it's going to take a lot of time and rejected applications.