They have saved cash to get a home and I highly respect hard working individuals.  

So measurements are on the whole building, not the individual units.

Quote from a Investor friend on another forumn in a similar recent question "An individual can do up to 3 in 12 months without becoming a mortgage loan originator so long as he's not selling as an LLC.  

@Amy BrociousA recent home(rental) we purchased:An individual came to me wanting to sell me his house.

Each one is looked at individually.

Now some banks might have a total lending cap for any one individual.

I have left numerous emails, voicemails, and finally a registered letter, which got there attention.  3 weeks later and right after reciving the registered letter I receive a voicemail, stating they do not see why a 3 month inspection must be done and he doesnt want it performed.

You may find later on that assigning contracts as a business venture can be different in the eyes of regulators and others involved in RE than an individual who just assigned a sales contract.

The strategy has been gaining popularity thanks to the numerous benefits of rent to own for each party in the transaction.

I believe it goes back to what the agent said individuals who have been pre-qualified but when the bank makes it's final decision they don't meet the criteria of having enough for closing and three months of the mortgage in savings people or the other numerous stipulations.