BUY some properties that will make you more money than the promotion that you are going to get for a couple of years.

There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

Quote from @Tony Thomas: Hello all,I'm returning to the BP Community with a goal of learning, helping and growing! 

Since it sounds like you are working without a real estate agent, I would contact a lawyer to review the contract and help you notify the seller's side correctly to terminate the contract and release the EMD.

But I think this might help?

We lack the experience of you and your husband, but there are a couple of groups that meet regularly in the area.Impact Lindale is run by Roger Paschal, he is also a member of Bigger Pockets.

I'm happy to help where I can.

If you have 100+ or maybe even 50+ I could see how it would help.

A lot of seasoned investors there that will help you through the inevitable challenges.

I'm located in Lewes, DE but the joys of the commercial world I can help make deals happen all over!