Properties must align with the investor's objectives, facilitating purchase, renovation, and eventual sale with a favorable return on investment.The pre-approval process varies among lenders but typically involves assembling financial documents, company records, member identifications, and the purchase contract.

Start by clarifying your investment objectives.

When you start a thread expect others to discuss the topic you post about - in ways that do and do not support your marketing objective. 

They should always be objective and thorough, but I would feel better finding a highly reputable one with little to no ties of ongoing business with a seller or turnkey Co.Local Expert/Market Knowledge – I would do my best to gather objective info on the local market to make sure it is in-line with my goals, etc.

Get to know different strategies including buy and hold, fix and flip, wholesaling as well as defining your objectives.

Sounds like they didn't set proper expectations with the seller, didn't uncover all hidden objections, or didn't have a solid contract in the first place.

Evaluate your investment objectives and preferences.If you want to make money, keeping the property and renting it out can bring in steady income.

From what I have seen, flipping and STRs are the best way to make deals work here, but the primary objective is appreciation, not cash flow. 

For all intents and purposes, the main objective is to promote and sell condos. 

It's important to think about the market conditions, finances, different house hacking possibilities, your long-term objectives, managing the property, and exploring other markets.