This is a large community and someone might give you some insights on the lender or the loan officer.  

They said that if the contracting buyer didn't have the funds to buy at the time of agreeing on price with the seller - it was under a false scenerio - since they were not going to buy the house from the start.

Go to your secretary of state to look up the LLC.  

@Matthew Irish-Jones Thank you for the advice !  

My company has gone through 3 dishwashers in the last 12 months and it has been an added expense.

Current timeline to purchase is probably 6-12 months as I start narrowing down and visiting some of the places to get a better idea over the next few months.

Bernie Madoff made guarantees to his clients, so did Charles Ponzi - the "inventor" of the Ponzi Scheme.How will the guarantees be guaranteed? 

The renter has given you the money to cover your borrowing costs and pay for the home's upkeep. 

And, that people will, over the next 30 years grow very rich with New York real estate, the outliers growing 2-5 orders of magnitude more wealthy than their peers in the Midwest.     

Spend the money for peace of mind now.Also, make sure you're getting paid for the risk you're taking on with the foundation issues.