Unless I'm missing something from your post.

Can you let me know what's missing, incorrect, or left out? 

Am I missing something?

@Christopher Robinson lots of missing information.1. 

paces funding and kingdom first reality Looking at your numbers it appears there’s some things missing. if you totally re did the house how do you only have $23,000 invested?

They tell me he had a "landlord account" and that he never canceled it, so any missed payments are his responsibility. 

So you may want to pull the trigger and get a rate lock before you miss these rates.When you own properties you can also take out a HELOC after you purchase the home if repairs are needed above your initial cost approach.

Something we often encounter in newly acquired houses is switches and outlets that don't work or missing/broken switch and receptacle cover plates.

But, they totally did and that’s why I was so confused and wondering if we were missing something with no one else buying it! 

I rearranged the closing for this FridayThis week the broker is saying the settlement statement will be sent to the title company by Friday, I'm not so confident it's already Wednesday and still not settlement statement.I've closed on four other cash out refinances with out any issue, what I am not understanding and why is this statement missing?