My marketing if finally up and running and I am beginning to filter leads.In all honesty, you must of been in this situation before, things start adding up and now it gets to the nitty gritty. in my near future I am going to be buying and rehabbing properties in the RI area.if anyone from the area can offer me a peak at their contract essentials.

Trust, honesty, communication and straight forward feedback create a truly cohesive team.

But it has been done for 2 weeks now.Be honest, I don't want to change.

@Rebecca Jackson I think what it all comes down to is transparency and honesty. 

Central TX as a whole has pretty good cash flow in my opinion - however I havent compared it to other markets to be honest - I think if you get really familiar with a market, I would just invest in that one. 

If it turns out that the listing agent and/or seller misrepresented a bunch of stuff, and now that you have accurate data the deal doesn't make sense, go ahead either renegotiate, or if that isn't proving useful go ahead and invoke said contingency, recover your earnest money deposit, and let that be a lesson learned for the listing agent and/or seller about the value of honesty when it goes back on the market, meaning they have to pay another month or two of PITI and other carrying costs, maybe their 1031 exchange is screwed up, et cetera.

Divorce, probate or anything else that you can think off.I am from Seattle WA,I have been looking through King county records and to be honest, I am not sure what I am looking at. 

To be honest I was struggling a bit with the concept (logistically) of Buy and Hold - that is until now.

To be honest, I have not accounted for your last bullet in terms of my strategy and will have to give it more thought.Again thanks to you all for your guidance and feedback.

@Jeffrey D. not at all, I appreciate your honesty.