I have a program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable.  700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units. 

I have docs etc if you are interested in verification and proof that I have dealt with that company.It is so unfortunate that I have to follow up what @Stylianos Kalamaras wrote concerning Blue Gate Capital.

I reached out to the individual marketing the deal to schedule a property viewing, but they’re asking for proof of funds (which I expected) and a signed purchase agreement or LOI.Is this normal?

Send a Lease Violation Notice immediately - by mail with proof of delivery required (cheap date through post office) and or affix the notice in a envelope with his name on it on the door of the unit. 

Just make sure to vet them carefully and ask for references from past deals and proof of their track record.

Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.

This display didn't help, he was ordered to vacate in 5 days and ordered to pay 2.5k, almost the total amount I requested.  

Tenants will set up insurance, show you proof, then cancel their policy right after moving in.

With out that, there is no proof that it will perform.Do you have a full estimate and plan for 3 years on the property?

One look at my lengthy elaborate educational answers makes it obvious my priority here is to give away value for free.2) I gave you COUNTLESS proof of my SEO leads, Rankings, and conversions.