We had signs of a downturn coming since 2017 plus this one's been overdue already.

Plus, he knows he's not likely to get paid for any lengthy legal battle. 

No meat on the bone.I go into great detail on the Post Titled: The Truth About Wholesaling by @WillBarnard.I've posted lengthy answers on that 13 year running post.

I could write a lengthy response but to save your thread I'll keep it short.... there's entire professions that exist simply to manage contracts/contractors for ALL the reason you listed.

A. nice lengthy response just like his original post would have been nice to answer and share information.

In my sector of low C-class urban SFR, I would be willing to bet we're going to experience long-overdue culling of the herd of uncommitted passive-investment-dreaming landlords who are completely unprepared to run their heavily leveraged empires relying on multiple third-party associates in a time of national crisis.

So, it is in the seller's best interest to return all deposits to avoid any lengthy court process that prohibits him from re-sell his property.There is no shame for using your brain for backing out and only a fool continues with a deal they don't want because they don't want to be embarrassed.

At that time (unless this order is extended once again) the beleaguered landlord can THEN begin the lengthy and expensive process of removing the tenant through eviction court, which is sure to have a months-long back log by that point.

Many pundits disagree with me and believe that market is long overdue for a correction. 

To do the re-zoning I was planning on a lengthy closing period and that being one of the conditions.