@Gabe Gordon, looks like a healthy cash flowing property!

Should I just chalk it up to a lesson and smile with my 100g's or fight this cancel the contract and face specific performance which might mean still having to sell or face litigation?

My older clients  I ask how old they are then multiply by 365 and tell them how many times they have spun this earth around.... 95 years old has spun earth 34,675 times... it usually puts a smile on their face.  

Smile and dial - start with CAI (Community Associations Institute).

@Greg Grant It 's fairly smile, if you're bidding on hubbub, or auction.com, etc. you are buying a REO and they typically come with clear title.  

Our family is very healthy, 

Darryl,Really good stuff here I own a few multi family properties in and around Boston its good to see that the lending environment is still relatively healthy!

Whether for mental, physical, or spiritual health; I want to make sure that they will have happiness in their lives.

A couple of thoughts - - make sure you have enough for not only down payment/closing costs but also a healthy reserve as well as money needed for potential renovations that might be needed to "force" the appreciation as you mentioned- if you are talking about 2-4 unit MFR, that really shouldn't be any more complex to figure out as a first timer than a SFR if you are planning to self manage - if you are talking about 5+ unit MFR, it might make sense to factor into your numbers having property management services (probably good to factor in regardless), especially if you have a 9-5 job- with the 5+ unit MRF scenario, I wouldn't necessarily be afraid of the financing as so many people seem to be, as like you mentioned they are more going to be evaluated based on how they run as a business. 

Nice to see another smiling Triangle gal.