If not, move on to the next applicant despite any "up-front benefits" the sister is willing to provide.

However, I don't recommend going for a lower price just to get more qualified applicants. 

Market value" some states attempt to use the balance outstanding as the value, which really messes over applicants, the valuation needs to be at the market value of her assets. 

If any applicable law or court order prohibits bringing an action to foreclose the right to redeem, the limitation provided herein shall be extended twelve months following the termination of such prohibition.B.

I have it separate from the rest of the application.

Yes, Hard Money Lenders will sometimes do that, for outrageous Interest Rates, but will be expecting you to either get a traditional loan within short order to pay them back, or have been told by you that you are selling it straight away for a profit, thus will expect immediate pay back on resale.Neither of those situations seem applicable to you though, right?

Rehab & Rent Loans – Available in MD & GAWe lend up to 90% of Acquisition, 100% of RehabMax 70% LTV6-12 month loan term12% interest only, paid monthly5% origination fee, paid at closing$150 per repair draw (if applicable)$250 loan payoff fee to coordinate payoff with title attorneyNo pre-payment penaltyNo application fees, appraisal fees, underwriting feesShould I move on it or is it something I should be concerned with?  

You can pay after taking an application fee from the potential tenant, which is what I usually do, or you can have the tenant pay, but they don't get the $5 discount.If you're looking for a site to manage your rental properties online, including ACH payment of rent by deduction from the tenants' bank accounts, I use and would recommend rentecdirect.com  I'm using it to manage 20 properties, about half of which have tenants that pay by direct debit.  

I have called some local lenders as well as put in online applications but have quickly realized that since my LLC owns the home and it is not owned by my personally that it will be a bit more difficult.

The list of 21-books contain some good references, but there are Canada specific books which may serve you better - if you plan to invest here at home.Though @Bill Paesano is speaking from experience and good intentions, the information he provided is not applicable to you.