Now, just because you may be doing well and be biased for your area and investment properties, I'm interested to play devils advocate and hear why these factors may not sustain themselves and why they could.

The properties here are starting to convert from mobile to slab homes, too, so values are playing the supernova game.

Robidart, an insurance salesman and leader in Chino's Basque community, the cream-colored, two-story stucco building contains a restaurant, two bars, a banquet hall and a parlor room for playing mus (a Basque card game).

I quit going a while back, there are some hedge funds that came in and are making some aggressive plays in the market.  

Thanks for playing WTF with me.

What size is the multifamily, this could play a factor.

@Jonathan KlemmThe property was vacant when the appraisal was done but I am not sure if this played a determining factor in the rejection because the appraiser noted that the property is grandfathered to continue its existing use but the exemption would be lost if the property remains vacant for 6 months or more.

I had convinced myself last week to put it on MLS and sell but someone close to me said there's nothing else to buy right now and I'm better off just playing the long game until I can afford to build on the lot. 

I hate hearing stories like this, but there are so many variables that can be at play that I won't totally slam the lender, but it seems as if you just need to take the loss and move on at this point

You have to play by the rules or face some serious consequences down the road.The solution is to sell your property in California while markets are at a peak (that's today, if you haven't noticed) and invest your money in a different market that has reasonable laws and fair courts.