The attorney general may find a bond unacceptable based only upon reasonable criteria relating to the sufficiency of the bond, and shall notify the landlord in writing of his reasons for the unacceptability of the bond

Will this be a sufficient explanation that will likely allow my loan to be approved? 

@Sid SriramYou can utilize the FHA loan 3.5% down for a duplex, but a triplex or fourplex will have to pass what is called the "self sufficiency test." which means that 75% of market rental income needs to cover your loan payments (which include payment, interest, taxes, insurance and mortgage insurance) so it is extremely difficult to find 3-4 unit deals that pass the self sufficiency test in San Diego County so a duplex (or duplex with an ADU or SFR with ADU) will be your main options.

For the meantime, I'm planning to rent out the three rooms to my dad and two brothers.

But even that depends because there is a big difference between managing 75 single-family homes spread around town vs. three apartment complexes with 25 units. 

Are they giving me the past due amount only or all three; since they all say processed.

It was listed for $150k, but had some additional land (three separate TMS numbers) for an additional $75k.

It was listed for $150k, but had some additional land (three additional TMS numbers) for an additional $75k.

You will want to compare three things on the loan estimates to determine which one is your best option.  1.

I’ve had people do good on two or three jobs and then drop the ball.