This has been my experience: "As to the remedy plaintiffs seek, the case law reveals that "the equitable remedy of specific performance is routinely awarded in contract actions involving real property, on the premise that each parcel of real property is unique" (EMF Gen.

Just don't be an idiot with your finances and it'll all work out. 

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.

This could give me an option as a house flip if the numbers don't work out in my favor for positive cash flow.Target Returns:Given the higher risk, what cash-on-cash return or annualized return should I be aiming for?

Long term thus city will work out its issues.

However I’ve found it useful to keep a good relationship with at least one agent that way if the seller doesn’t work out with you and your terms you can refer them to your trusted agent and provide value to both the seller and agent.

I won't know if my decisions will work out or not in the DC and AC world. 

I agree with @Ashish Acharya if you're interested in reinvesting the proceeds into another investment property and your goal is to minimize your tax liability a 1031 would work out well for you.

Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great

These things never seem to work out well 10 years later when you need them to sign stuff.