Since it's rare to find a buyer, the agreement expires and you have a willing seller to negotiate a deal with. 

This is rarely an issue provided you still perform.The raising money part is more complex.

But those are rare in DFW. 

I rarely see anyone address the underlying root cause of the issue.

It might just be every rare instance we get someone that doesn't want to list, just needs cash offer and quick close lets say before foreclosures and they might call on Friday when the sale is the next Tuesday. 

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

Collection agency turnover the case to attorneys rarely only when judgement is large and landlord is willing to pay heavy attorney fee, which can start at around $3000 for filing garnishment but even that doesn't go anywhere without a valid address of the tenant.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

The negative equity often exceeds $50k but even if I use $25k (it would be rare to have this low of an initial negative equity position), is nearly 2.5 years to recover.  

Data is sourced from a combination US census, zillow, and realtor