Homeowner thought MJ was very rude to me and it was weird that he didn't not only flat out reject my offer, but wouldn't negotiate, and only has 3 weeks left to find a buyer for the property for this 6-week long contract.Also, I looked more closely at the contract, and it said that MJ should have given a $500 escrow to x&x law firm within 3 days of signing. 

I made a lot of verbal $10k offers for lousy areas which were rejected.

Here's how those calls have typically been playing out: Explain to the seller the pro's of selling to me ("no need to do repairs, all cash offer, close on the day of your choice")Try to get them to lower their asking price, otherwise tell them my highest and best offerGet rejected, but thank them for their time, and to consider me if they're more motivated in the future.Start overOther deal examples: Asking $140k, rehab $65k, ARV $185k.

Even back then, most people never succeeded, because they couldn't take rejection and gave up too quick. 

The vast majority will be rejected, sellers will become upset with you, agents will become frustrated.

Even if there was a Seller out there that was soooo far out of touch with reality to list it at this price, the "market" would reject this home's price on the basis of no one putting an offer in.

They will definitely have a harder time while the Investor's property is on the market, but if the investor is offering at below market value, it won't last long.I understand at what you are getting at and agree as the everyday Seller is not helped by the Investor when the Investor's property is on the market, but on the flip side, the Investor probably bought a property at a lower price that the standard market was rejecting and if it wasn't for the Investor buying, the property would continue to price drop till it finally found a standard Buyer.

And then think this one: What will you be putting into the rejection letter for Candidate one, if you do not offer them the place?

That's where your leads are, and without leads, there are no offers, and with out offers, there are no acceptance or rejections.

Also, why was the property rejected?