Don't apologize, don't explain how the 'chosen' tenant was more qualified than they were, wish them well in their search.You're running a business and you've made a business decision. 

Any particular reason you've chosen this market from all the way in San Diego? 

But overall, with a young family, I would be cautious about gambling the whole farm (Brokerage account) on RE investments.

It also sets the expectation that rent should be paid through the system you’ve chosen without escalating the situation.

How long did the renovation take, and how much do you estimate you would have made if you had chosen the wholesale route instead?

Cincinnati is one of Ohio’s oldest cities, and its economy is well-diversified, with five Fortune 500 companies headquartered in the city (Kroger and Procter & Gamble are the top 2).

We have chosen one municipality to do Section 8 due to the relationship we have established with the director, case workers, and inspectors.

I think it's a gamble for someone 2000 miles away - could do well or badly.  

The gamble is that the outcome hinges upon the courts discretion and it’s rare to see specific performance unless buyer can demonstrate that monetary damages aren’t enough to make them whole.

(e.g. peace w/ Israel, gambling legalization, etc.)