Again, while I can not say whether or not this was clearly explained to you I can say it is common practice and seems odd you would give a deposit and continue looking for other properties. 

There are a few questions I cannot figure out a practical answer regarding sec 121 and the rule of "2 of the last 5" regarding marriage (to achieve the full $500k exemption).

Anyone have any suggestions, best practices, work arounds, etc?  

I despise the practice of tying up a property and ignoring obvious defects and the use the inspection report to reopen the negotiations after the seller has mentally committed to a sale.

And to the LO gurus credit, most of them also emphasize this POINT: Do NOT put people who weren't "pre- qualified, by a reputable mortgage lender," and also under contract agreement with a "good practicing RE attorney reviewed, LO contract" into an abode they aren't able to afford, or with poor, or worse credit, that can't realistically be FIXED... within 12- 24 months! 

Real estate agents: What are best practices you've discovered for using Facebook ads for lead generation?

It's practically new!

Is it  an accepted common practice?

But- great practice talking to homeowners for the first time and getting it all down.Good luck!

I was looking at a park earlier today (just practicing making offers!)