If not, then explain, please?

It may be worth at least writing them a letter explaining your disgust with their behavior and see if they can provide a solution to prevent it from happening again. 

@Mike Morawski that makes a lot of sense thank you so much for reaching out and explaining that !!!!

I typically like to start with an initial phone call with investors to learn more about your investment goals, and to explain all that our company has to offer.

Can anybody explain me what is the difference between absentee owners and out of state owners?

During negotiations we explained to the buyer we were buying to rehab and rent.

I finance these assets all the time, and I always have to explain to my newer (and experienced investors actually) that leverage in the small balance multifamily game is capped at 75% for a vast majority of the players, in a healthy market. 

I spoke with them and explained the situation.   

Talk to your CPA to verify, but here's an article that explains the process.

@Jaysen Medhurst Alright thanks for explaining that.