It’s my very first purchase ever and i could risk losing both opportunities, so I guess I am looking for moral support from the community.

Secondly, he mentions that he does forced appreciation on those deals in year 1 to boost the value of the house by 10%. 

Yes, that 3.5% down payment is amazing, but if you can boost it up to 5% and get a conventional mortgage, then you get to do away with PMI after proving you have 20% equity (I believe some mortgage lenders require 25% equity to dump PMI). 

It may open their eyes to more properties for sale that would boost that ROI. 

I don't expect a boost in rent but I know for re sale it will be a plus.  

Moral of the story is don’t have the tenant around if you can help it , it’s only going to scare people off .ideally he’d be moved out before you show it .

The moral is one has to have reserve account for uncertainty. 

We're about to start buying small multi-family rentals, preferably those that need some rehab to boost rents. 

In just 20-30 minutes per day, you can get moving, get those creative juices flowing, improve your circulation, and boost your energy.

@Cristian Aviles-Morales  Entering into a contract without both the intent and ability (i.e., funds) to perform to the contract is the issue at hand.It's not real estate law, and it's not a crime, per se.