@Everett Morris VA all day, as was so eloquently put.

So if you're not comfortable with the fire risk, then don't feel bad about moving - but make sure you don't trade one danger for another when moving to a different place (for example, I'll take California earthquakes over Oklahoma tornadoes any day...).As Dustin said, the tax consequences of a sale should be discussed with an accountant. 

At the end of the day, as long as you adhere to the deadlines in the contract (if you have an inspection period, etc) or are sure about moving forward then the EMD amount shouldn't be a cause for concern as long as it is within reason. 

Haha, I just listened to this episode the other day as well.  

Read every day, a lot. 

Keep in mind at a foreclosure auction you need to pay in cash that day as they don't allow financing for those. 

We are now scheduling the inspection for the same day as the appraisal later in the day.

The have 365 day a year access from the Mississippi River and they knew this when they purchased. 

I'm planning on reimbursing them one day as a courtesy and also capping that one day reimbursement as equivalent to one day rent. 

@William CoetHi William,Maybe the franchisor can give you some guidance as to what is most likely to be successful quickly, such as a particular range of traffic patterns at particular times of the day, as well as distance to nearby competition, size of town, part of town, income brackets of potential customers, etc...They do make good doughnuts and coffee, and offer a nice seating area.