(Usually buried upon the 20 something pages of the contract) Otherwise the sale of the house can actually be blocked if the UCC is not satisfied.

I am satisfied and confident in their explanation.

Perhaps you can buy this house to satisfy your 1031 requirements and then sell again in a year or so (no idea what 1031 says about that so check with your 1031 person) after you find a better property.

I've never done this type of deal, but I'm wondering if some type of agreement could be made that would keep you in the good graces of the court, save your deposit, and satisfy the bank(seller). 

Proud but not satisfied!!

What if I pay $150K cash for a SFH that I can rent for $1500 to satisfy the cash flow requirement, and then I'll have $150 left to put down on either SFHs or a smaller multifamily? 

Would you be satisfied knowing they will be providing this quality of service with your property and tenants?

The issuer will buy its own bonds on the open market to satisfy its sinking fund requirement if the bonds are trading below Par.

No investor would ever be satisfied with a 4% return on their investment but in reality that is all you are receiving on your $232K of equity. 

Knowing my customer base also afforded me the ability to conduct business and reap the rewards of many satisfying referrals.StephenGallagher