I would review the contract to determine if time was of the essence and if so, and the settlement date has passed, was anything done to preserve the ability to pursue an action for specific performance.

In today's information age your really can find a lot of avenues that can offer lower risk, cash flow and preservation of capital that few rarely learn about or participate in.  

You just have to roll with the way they do it.The basics are, if the owner redeems, they do have to  pay you what you paid, plus an expenses you've incurred to preserve the property, taxes, insurance, legal fees and the penalty goes on top of that. 

@Sebastien HitierInvest anywhere only for tax reasons indeed makes no sense, unless you invest to get permanent or tax residence in a given country.And yes, I think Nomad Capitalist is more about taxes, wealth preservation and expatriation than it is about real estate investing for profit.Hong Kong, Singapore and Dubai: these are places where most people here don't have enough money to invest.

I've seen people who's over-riding concern is asset preservation and tax shelter/deferral look at DSTs. 

find a preservation company?

If it a historic home in an area of other historic homes than preserving the original walls adds value to the home.

For our fund we are very conscious about how we spread our fund among banks and investments (i.e. capital preservation is paramount!). 

Sometimes timing is not right or they simply are not a fit for it.In life you have wealth accumulation, stabilization, and preservation stages.

Here is the recent chatter about AHP: https://www.biggerpockets.com/forums/70/topics/417171-american-homeowner-preservation-ahp-fund?