Affected Taxpayers are entitled to relief regardless of where the relinquished property or replacement property is located.There are prominent companies in both camps, and of course if you bring this discrepancy to any one of the them, they would say, consult your own CPA.

You can split the LLC say, 90/10 or 80/20 depending on the discrepancy of capital investments.

Well, when looking up the just values from 2020, I am noticing large discrepancies from the list price (ex- list 195k, just value 95k). 

Not a deal breaker, but nice if they offer this, especially on older homes.Will you be willing to correct all of the discrepancies found by a third-party home inspector?

Due to the discrepancy in downpayment amounts, the marginally higher costs of an FHA loan would still ending up saving you money due to much more favorable terms v/s conventional owner-occupied financing

This protects all parties because changes can be the result of many variables (I.e. architectural design errors, unforeseen code compliance discrepancies, etc.) and can potentially result in neither the GC nor the owner footing the bill, if handled correctly. 

No informed seller wants someone tying up their property who appears that they could “barely” qualify for the loan....one little $50/mo discrepancy in their monthly income/debts disqualifies them.  

You can submit a reconsideration of value by providing any discrepancies you might see in the appraisal and at least 2 or 3 comps but for an appraised value to go from $50k to $120k is extremely unlikely.

Any major discrepancies?

When there is such a discrepancy b/t the two, I need to make sure I target the correct one.