However, there are two other possibilities when an investment doesn’t work out.

Note that a month is a really short time to work out a six-member LLC. 

Reviews can be fabricated.

The problem with a cash offer using hard money is it still has to go through their underwriting and there is a 3 week turn-around, so the deal would fall through if something didn’t work out.

Since it did not work out to sell with agent, was thinking about trying the for sale by owner approach, but wanted to reach out to see if anyone had any advice on pros and cons, and any guidance. 

So, if something doesn't work out with one of them, it's like missing the bus.

That's not a friend, that's just a business acquaintance or a workout buddy, they're not someone I'm going in the trenches for.

So, making a mortgage payment and a reasonable car payment might work out fine.

To many unknowns, and often does not work out well for the investor.  

Once you have them served and file the papers with the court, the court will assign a First Tier Hearing - basically a mediation session where hopefully you are able to work out a move out date certain (with the tenant paying use and occupancy).