Mainly due to the unknown.

Now they are stuck with #1 and with the risk #1 doesn't close...and the risk of an unknown buyer not closing on the house for sale by a contingent buyer. 

If the address doesn't fully match, it gets kicked back to Sender as "Unknown".According to USPS, my only recourse is having the City add a new address entry for only the street address (no apartment unit) in the system.

Extra mortgage payments go down the money hole, only to be seen again after a bunch of unknown possibilities.  

That's a pretty high cost for an investment that hasn't paid out yet and the returns are unknown.

Kellie I'm closing escrow on my first mobile  home flip on the 14th, i'm a little scary of the unknown but excited about the fundimentals of the deal.  

Sounds like a hard money lender that wants to take a property from you when you default.There's a lot of issues here starting with a guy that will loan you money and once it gets difficult wants you to abandon ship- red flag.There are a lot of unknowns here but trying to dump it seems like a 100% guarantee to lose money.

Note:Things that have to be fixed like electrical to code, HVAC, drains, foundation (you say the roof was replaced 2018-unknown if true), you have to have a working stove and bathroom do not add any value in an appraisal.

I would encourage you to compare that rate of return with the income you may be making from the property and then factor in the safety of the savings account versus the unknowns of repairs and maintenance of your purchase.If your monthly return on investment was $400 on the property, and you can make $333 just letting your money sit, I’m not sure I would make the investment in a high interest rate environment, factoring in the fact that you will probably want to refi your property within the first two years of owning it at a high interest rate.I think I would ask myself what is the advantage of buying now, versus buying a year from now.  

when you have so many unknowns in rental properties. its all just blue sky proforma talk..