So moral of the story is you've got to either keep working and parking that money smart for decades or start yourself a business around your rental investments.

If someone prefers zillow or craigslist, let them have at it.And I'm not a moralizer. 

Hi everyone, my name is Mo.I have a pretty big predicament.

Sellers doing their own major repairs before close won’t end well (for you the buyer) Thank you didn’t rate reply - In the event I man in such a predicament, I would not allow the sellers to complete any major repairs. 

It is perfectly legal and morally the right thing to do because you should not put a new tenant into a unit that has a key floating out there.

In many states judgments stay active for 10 years and can be renewed.You can write it off if you like, but you don't have to nor are you morally required to. 

Most sites don't live up to this high moral standard.

You don't want to put yourself in a predicament with a high interest rate hard money loan that has a balloon payment due that you can't refinance out of, so I'd skip the advice for a hard money loan on this deal.What I would be looking for is a portfolio lender that doesn't have minimum loan amounts. 

I know the popular opinion is to just "tear up the contract" but it is certainly not morally correct.

Yes, there are a few people who are down on their luck and find themselves in an awful predicament and it's normal to empathize.