I figured the agent did the BPO at some point and was very wrong and is covering now to the potential buyers that push back.The other option is as you say, the FDIC created some generic policy to mitigate a distressed banks losses, and the bank is now trying to comply.

I hope to acquire enough properties to supplement enough pay in rental income to leave my job to pursue flipping options or further rental possibilities.

I recently read on Bigger Pockets a post on Capital expenditures that included some generic numbers. 

I personally don't give this much of a chance of going anywhere.While generically the buyout of Chevy Chase by Capital One was around 25%, that is the generic percent of the balance owed.

I recently finished law school, and would like to use any cashflow from future real estate holdings to supplement my income from my day job as a lawyer.Since I don't have any plans to leave my day job (in energy law and policy), I think the buy-and-hold strategy appeals to me most.

My goal is to supplement my pension upon retirement by creating enough cash flow to sustain my family without having to lose quality time with them.I am eager to learn and look forward to engaging investors here.

I'm engaged to be married next year and I want to supplement my job income with real estate income so that I can spend more time with my soon-to-be family.  

I'm currently working full-time as a Mechanical Engineer, but I want to learn about the possibilities of supplementing that income with investing.

Does the city and county provide any supplemental support?

I'll give you my generic advice I give to any beginner.