Make sure you are prepared for that and have a contingency for that.

I think there is even a contingency in place for those whom submit deals that DO NOT get accepted for 3 months in a row.

To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!

Was the buy-back price contingent on an updated appraisal?

Hopefully that upfront diligence plus a healthy contingency budget would suffice to keep me out of that scenario, otherwise I would foresee a guaranteed loss, or underperformance at the very least.

Seasoned investors typically have contingencies in place and work to diversify their portfolios to mitigate these risks.4.

I would have advised you against an LLC, most likely, contingent on your attorney's legal protection concerns.This is assuming that by "we" you meant your spouse.

I will follow the advice here to keep high deductibles and low premium and save the premium for any contingencies later.

My buddy sold for ~$500k over its existing use value and no contingencies and did not even convey existing tenant’s deposit.  

Also, for flips, I like to reserve an additional 15-20% in contingency for unforeseen conditions or changes.