I would say they are acceptable #'s, but can be better or worse depending on the area the property is in and other factors not mentioned above.

We just had an offer accepted on number 7 today.

Also covered are businesses that offer or negotiate specific loan terms on behalf of either a lender or borrower, regardless of whether they also accept a mortgage loan application.Note that the word “accept” is intended to differentiate the FinCEN rule from the SAFE Act.

I believe I have equity in property but I believe I would have to have owned the property for year ( coming up in April) to refinance where the bank would accept the new value of the home rather than what I paid for it.

Generally speaking, would buy and hold investors consider a purchase of a portfolio of rental properties, 90% occupied, for 85% ARV if that 85% resulted in acceptable cashflow (say $15,000/month) and over $2 million in equity?

Many investors will simply judge offers, be afraid to send in deposits or shy away from the contract writing process because they feel like the seller will not accept their offer.

Do I have to get this before marketing my property and/or accepting a sales contract with another buyer?

If it closes at a higher price, you know why your offer did not get accepted, if it closes at a lower price, however it sales for CASH, you know why they were chosen. 

If Offer is over $50k; EMD is $1000,                         if it's under $50k the EMD is $500Fannie              10% of the accepted offer (yah, I know, WOW!)

More often than not, you will NEED a pre-approval letter from a lender before the seller will even accept your offer anyways.