They can BRRR-Repeat over and over with the same initial funds, each producing $100/mo per door and hopefully requiring next to none of your time.

You can use a letter of intent to lay down the initial structure to hand to an attorney, but if you don't know, then just go straight to the attorney. 

Seasoned smaller investors typically base their initial investment decision on the CoC returns as this metric illustrates a more accurate snap shot calculation. 

If you initially Chose to use their title co., you likely are responsible for some already generated “fees”....setting up the file, initial prep, etc. 

Is there a way we can verify the competing offer?

I have the down payment + reserves but the bank won’t work with me because I currently have no income ( I gave my job 2 weeks notice but I know it won’t close in time to make that work).Any suggestions on how to still buy the property without having verified income?

I don’t think I can attach pictures but long story short, I’m purchasing a property on Roofstock and have paid the $500 Roofstock fee and $1500 initial payment to open escrow.

At a minimum, you need to verify their identity and their criminal record.I generally combine their income to meet my standard of 3x the rent but if there are three or more unrelated people renting together than I require each individual to make a minimum 2x the rent.

First-position mortgagee, a local bank, has initiated foreclosure and the property is scheduled for sheriff's sale. 

It is not very hard to over rehab, over spend on the initial purchase and to have a home that is worth less than what you put into it.