Most government agencies have some sort of appeal process, even if it is slow, bureaucratic, and makes poor decisions.

He may want to withdraw his request to refinance to be able to move forward with the investment, but will that also hinder my chances in the decision of the new investment.

While there is never a guarantee (run if someone offers a guarantee), you want to tilt the odds in your favor with savvy choices.If you lack the knowledge and skills, start slow.

Even with some slow pays it seems to recommend the tenant.

In general, however, yes you can keep doing 5% down conventional on SFRs over and over and over again every >12 months, if I'm making up assumptions that make that work, and "slow growth" up an empire that way, and in theory you could keep doing this even past the Fannie cap of 10 since we're only talking about owner occ 12 month occupancy promise loans each time. 

I've been trying to get it set up for over a month but my attorney that I've hired is unacceptably slow.

For example, they have 7 days to present you with XYZ, and you have 30-45 days to review said information and may withdraw/change your offer based on the information provided. 

There are pros and cons to both investments.Hotel Pros: no evictions, no damages (just wear and tear), a few days can equal to almost 1 month of rentCons: there can be times where it will be slow so no much income coming in.If this is something you want to explore, I can help

I'm much more conservative in my approach then many investors on BP, however I have the "slow and steady" mentality

There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and penalties.