Only choose one or two investment strategies to implement and learn as much as you can about them (picking multiple strategies will only lead to analysis paralysis and cause headaches, which will likely lead to no action taken).

I would think no, and that a refund is owed but I also am not specific to the market. 

With 30% down your options are thousands of lenders.Why is it unwarrantable- master policy not enough coverage; low occupancy rate; HOA reserves; cannot be rebuilt or repaired; pending lawsuit in the less than 10 year after built for construction defect; flood zone with no flood policy...?

Legally, it's mostly like renting by the room so there are no extra hoops to jump through in 90% of the country.

A cash deposit of $10,000 was required,, then a $300 a month payment till it was paid in full.

Purchase Price:Total: $1,985,000.Deposit: $10,000 (First Deposit) within 3 days, additional $30,000 (Second Deposit) within 30 days.Seller Financing: $297,750 (15%), 5-year term, 20-year amortization, 6% interest.Balance: $1,647,250 to be paid at closing.

Then you will have a 10ish min quick walk through the property and if his pictures matches the reality and you don't see anything abnormal, then after you sign with him assignment agreement and you put nonrefundable deposit and close in about whatever days you agreed on(usually up to 10).  

There are currently no duplexes or townhomes in this small town.

Roughly $900 for all the cabinets (base cabinets only, no wall cabinets for this project).  

I let my best tenants (always pay on time, unit looks owner occupied, no tenant drama) pay a little less than market rent.