This would be my first real estate investment, making the decision even more critical.I understand that backing out would mean losing the $2,000 earnest deposit.

That can be excess income from your W2 job, or it can be a business you run on the side.

Overpricing will likely lead to longer vacancies and lost income.Respond QuicklyTenants have more choices than ever, and properties that don’t respond to inquiries promptly may lose out.

I am assuming in this that normal cleaning was done pre-occupancy and they are excessive in their expectations.

The buyer was happy that I recovered her money in full that she wasn't even mad about losing the deal.  

Communicating timelines and expectations upfront can help prevent losing good prospects to other properties.I'd say it's a potential red flag if they want to sign the lease without viewing it.

ONLY purchase training if its with funds you can afford to lose because of the failure rate.making connections is important and where success can come from.

Figuring for future value your going to lose about $200k of that future value.  

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

Stay in and be part of this 721 or lose my investment most likely.