The ONLY things I had to do was patch/paint a small nail hold (done as quickly as the mud dried) and re-hang a towel bar.

Otherwise barring other quirks in the contract you should get your earnest money deposit back.A well written contract should have a defaults and remedies clause.

The Virginia State Bar considers this post as legal advertising. 

We'll have an inspection done and barring anything coming up on the title search there doesn't appear to be any other catch that I can see.

I just turned 30, it's a New Year, and I FINALLY moved Biggerpockets.com all the way to the left on my bookmarks bar, so it will be the very first thing I click on, even before I check my email. 

. (~4-6 bedrooms here).B-level: Similar criteria to A-level but without the custom built homes, 2-income families can afford to live here and raise a family, backyards for the kids, 1500-2000 sq ft houses (~3 bed/2-bath homes).C-level: Majority of houses under 100K, visual repairs needed in this neighborhood, 1200 sq ft average, houses close together, some properties worn down, grass not cut, porch awnings sagging, concrete stairs crumbling a bit.D-level: Struggling neighborhoods, garbage on the streets, bars on the windows, higher crime, crowded areas, downtown city area, wouldn't want to walk around here at night.F-level: War-zone, "get me outta here" property, makes you nervous to enter the neighborhood even in daylight.That's my basic approach when I think about properties and what areas make the most sense to invest in.

Your standard florida bar contract even has a section where you can choose if you want your contract to be assignable or bound to one individual. 

The closing window is tight - usually 21 days.They will NOT allow you to assign the contract, and many impose deed restrictions barring you from reselling it of at least 3 months prohibiting an A to B to C close (double close).

If you aren't sure you can be disciplined enough to move the increase net you'll receive in doing so, into your savings account, then arrange for it as a direct deposit (from your employer) or automatic transfer (with your bank).On another note, you're subject line was too enticing to resist, so...FHA, MULTI-UNIT PROPERTY, AND A LOW CREDIT SCORE walk into a bar… LCS is head over heels with MUP, so when MUP nods toward the bar, and asks LCS, what she’s drinking, LCS is tickled pink and responds that she’ll have a cup of humility and promptly consumes it.

The best advice bar none though is get your own lawyer.