I was on the treadmill this morning reading through posts... and somehow ended up responding to this fact pattern in another thread:https://www.biggerpockets.com/forums/41/topics/727921-bought-house-at-sheriff-auction-someone-else-bought-it-day-beforI must have read a couple of @Wayne Brooks  responses back to back and got confused as to which I was replying. 

One famous case reported some years back, discussed on another site, the Porter Case, fits this pattern: Porter caseTrue, banks keep their mouths shut when they get paid.

If it is demonstrable you contracted in bad faith, the contract itself would be void.If the contract clearly indicates you really have no intention of purchasing the property, you could be seen as acting as an unlicensed agent ... particularly if you establish a pattern of such transactions.Traditionally, in business, a wholesaler acquires a good, then resells it to the retailer - who in-turn sells to the consumer.  

If you abandon all other metrics for some "golden number" or something, no matter what that golden number is to you, you're doing yourself quite the disservice and will pass up on many great deals because of it.OTHER THINGS TO CONSIDER WHEN ANALYZING DEALSThink of all the other things that must be considered when analyzing a potential deal:Crime RatesSchool RatingsPopulation GrowthJob GrowthRent GrowthHistorical Home Value AppreciationNearby Commercial DevelopmentGentrification / "Up-and-Coming" NeighborhoodsLong-Term ProjectionsAnd so much moreFor example, more than 2 years ago I made a massive post about the coming "Millennial Migration" from the Bay Area to Sacramento, and have seen how much that migration pattern has changed the local real estate market there.I bought a owner-occupied short sale in October 2016 for $260k with only 5% down.

On top of that, many of the major "white collar" employers whose commuting patterns would normally contribute to foot traffic, currently have their employees working remotely (Think IBC, Comcast, Thomas Jefferson) .

GallozaTile kitchen floor use 12”x24” with the half-bond install pattern it’s no more labor and shows like a nicer upgrade.

He eventually catches up, but given the current pattern and some other issues (non-COVID), I expect him to continue to be late or even miss rent altogether. 

Prices can and should fluctuate every day, depending on seasonality, local events, weather patterns etc.

If your counter top will have some color in it, (grays, black specks, marble pattern, etc) I would go with white cabinets.

We're in a holding pattern for the moment and plotting on our next deal in the Baltimore area given what you describe.