I’m a new investor, so I didn’t mind forfeiting a significant number, I just didn’t know what would be fair for a situation like that. 

Then you can direct up to 80% of the proceeds to a new LLC which you are the managing member of and partner with the DST Trust to purchase CRE all tax-deferred with a new depreciation schedule.Since the deferred sales trust is an exit plan and you are buying a new property the LLC receives a new depreciation schedule vs a 1031 where the depreciation schedule travels with the exchange.The downside to the deferred sales trust is the stepped-up basis is forfeited vs a 1031 where when you die your heirs get the stepped-up basis.The upside is you can buy CRE whenever you want to with no timing restrictions.

However, this means forfeiting the potential future appreciation of your current property and could entail a time-consuming process of finding suitable replacement properties.

Seller would have a recorded installment contract that would afford the right to forfeit the contract in the event you defaulted on payment.Buyer: Thank you for making my point... that is a much higher risk and seller has no rights to the asset that is being foreclosed. 

What good will it be for someone to gain the whole world, yet forfeit their soul?"

TIADoesn't seem worth forfeiting your autonomy.

If they don't sign the lease on the 1st they forfeit the deposit.

Get an approval letter from a hard money lender or a bank and post a non refundable deposit that in the event the deal doesn't go through the money is forfeited to the foreclosing lender.

Here's an example:50% of the total price due at the time of booking.If they cancel 30 days prior, I refund the entire amount.If they cancel 15-29 days prior, they lose half of their reserve payment.The total price of booking is required 14 days prior to check-in.If they cancel within 14 days of check-in, the forfeit all funds collected.If I am able to rebook at any time during this process, then I refund their money, minus a processing fee.If they booked six days and I can only book three days, I will refund three days of their money. 

These rules, which include a requirement that sellers set aside a portion of the purchase price for buyer-agent commissions, prohibitions on modifying the commission, and permission to filter listings by commission, all enable NAR, its co-defendants, and its members to maintain buyer-agent commissions at supra-competitive levels unrelated to brokers’ experience or the services provided, steer home buyers away from lower commission homes, and drive out discounters—among other harms."