Should I cancel a transaction or continue forward?

[Craig C.]

Ok, so, I am at a split in the road on a deal that I was strongly considering moving on. It is a good deal, a good SFH to be a rental for good tenants, and I can still move forward on the deal!

However, I am greatly concerned.  1) I am supposed to take a long passed-due vacation in a few months, and 2) Spouse just lost their job, so with these two things in mind things in general have become quite tricky!   But that job and income, was not of consideration by the lender.

Instead of the 2% rule for maintenance being in cash, I would require a line of credit should any maintenance issues come up too soon(Which I technically have this line of credit but I wasn't planning on utilizing it for this purpose), vacancy would not be a major issue.

I'm still waiting on a few phone calls, but I am asking for some advice.  Based on these circumstances: Would you yourself continue forward with the transaction, or would you back it off for a few months? 

Your thoughts?