My friend eventually sold the property for a small loss with about 65% of the rehab complete so he could focus his efforts on his larger properties throughout the country.Unless I was getting this property REALLY CHEAP and not just slightly below market I wouldn't touch it unless this is sitting on a big piece of land where I can sell off vacant land parcel for a profit or sell off all the land and let a developer buy me out.If the only merit is the building itself I have to get it cheap.

All that said I think there may be some merit in BP putting together some sort of referral page or rating system for referrals.

I would evaluate each property on it's own merits.

They create a strong internal organization to manage the properties;  It is rare to find someone who cares about your properties as much as you do.Yet there is some merit in your advice. 

-Eve Always look at each deal on its own merits. 

I would guess that a claim of failure to use due care on the part of whomever handles the EMD (most likely the seller's agent) would have merit - and here, the plaintiff can be awarded double or triple damages.Here's a real estate related case in MA where consequential damages were awarded: http://caselaw.findlaw.com/ma-superior-court/15647...

They're looking for long term appreciation.Given that the 1% to 2% rules are more guidelines than rules, do you have a guideline of your own, or do you look solely at each potential deal for its own unique merits?

Even though it is refundable, dangling that carrot has some merit to it.

And what might merit you including it verses leaving it out entirely? 

Both have their merits but they are not all the complementary.