If the property is worth $425K then no real harm.  

It would be an antagonistic move and could do more harm than good for the relationship. 

They must show your breached a duty owed to them and were harmed because of your breach. 

They are not like meth labs with traces of harmful chemicals, etc.

When we nicely explained the inspection would be needed to go forward with the purchase (or we'd simply move on, no harm/no foul), we got this looong email from the LA,  demanding to know why I was asking for inspection days, why I hadn't inspected prior to making an offer (as if I'd spend $$ to inspect a property I hadn't yet won a bid on!)

If the homes are actually cash flowing (not Rent-PITI= cashflow but actual cash flow) then it will show a profit so the debt is serviced and won't be harming your DTI ratios.Hope that helps!

If you are marketing your deals publicly and many agents and brokers see what you're doing and you harm then in any way, you can expect a complaint to be filed and attention brought to you situation.Get a license, it's annoying but 3 weeks of time and a couple grand will save you tons of headaches and unnecessary stress.  

The one you called probably just pushed you to the curb b/c you ask a newbie question (no harm intended) or dont know what a wholesale deal is so just find another one and start over once you have a deal. 

When an optionee forgets to file a release after the expiration of an option, I usually hear about an attorney calling on behalf of a seller and threatening legal action if the optionee fail or refuse to timely release the Memo of Option because it is harming the owner from selling the property. 

I have a potential tenant with bad credit and a spouse with a criminal history (possession of a controlled substance, evading arrest and driving without a valid drivers license, however, they want to pay the whole year's rent upfront.