We would like to retire one day, but spent a good portion of our investment dollars with him and his fellow criminals that we have never had hope of seeing again.

Obviously that stance is different for everyone, maybe just take some of that cash flow as profit and put another portion back into the property. 

You mentioned that 7% is a large portion of long term market return, and I would agree with you.

@Jesse Jamrowski 9% would come from someone paying my principal portion of the loan.

I did an exponential regression model and plotted 500 data points for new builds between $300k and $400k which is where we like to be for spec and found that the optimal size is 1400-1600. our floorplan is 1730 sq ft because we wanted to have 4 bedrooms and 3 bath.

You will be able to house hack and rent out the other unit which should cover a good portion of your monthly mortgage payment.

Price - $960,000Preferred Lender rate - 5%Rent per unit - $1,700-$1,800 (3 of the 4 units we had leased at close)Unit size - 3bed | 2.5 bath + garageFinancials - 25% down, 5% rate, monthly cash flow roughly $900 

a business partner of mine was able to get a $50,000 no-payments for 6 months from a family friend and the remaining $187,000 needed for our portion of the loan down payment came from a business partner that went in on the deal with us!

Now granted I could not have done all his loans for him at that size but I could have been doing a chunk of them like i had the previous 3 years. 

Good morningWe have had an extenuating family circumstance and I need to cancel the sale of my property in Charlotte.This is a FSBO and I agreed to pay a portion of the buyers commission.I have already accepted an offer and recently notified the sellers agent of my intention.Am I legally able to cancel the sale?