You can suck it up and buy it, forfeit the earnest money and walk, or talk to them and see if they will do something about it.

I understand that would mean forfeiting a portion to a PM firm, but wouldn't it be worth it to avoid the potential headache of dealing directly with tenants?

I am not happy but I did a lit of research, phone calls, trying to get into the property etc but decided it was a safer move to forfeit my $5,000. 

I purchased the estimate, order and receipt for redemption of forfeited property.

BUT there is also a statement in some other addendum that i signed saying that "the deposit is non-refundable and will be forfeited to the lender if borrower does not close with highlands residential mortgage LTD for any reason other than denial.

If you don't have it done by that date, YOU forfeit the option to cancel the deal based on the financing and appraisal contingencies you may or may not have (see section 8 of contract). 

Do I just forfeit the money that should've been mine from 15th onward?

So basically, I'm going to serve him a ten-day notice for the damages for repayment and if he doesn't repair, I'm going to take him to small claims court. either that or he forfeits his security deposit and move tf out.Also his lease stipulates specifically that the windows are supposed to be able to open and if glued shut or otherwise damaged he is required to pay for the repairs. 

Hehe, Texas has a lot of red tape to wade through.It states an option fee cannot be forfeited due to late payments.

My lease says that early termination of lease forfeits deposit.