You're not ready to invest if you're overwhelmed and stuck.Figure out what you want to get out of it, what risks you want to cap and then that narrows your pursuit.

I suspect your damages will not be worth much pursuit, but maybe a letter to seller and seller’s RE broker indicating the issue might result in some recovery.  

I have had success bringing complex situations to the creative folks of BP and letting you all do your thing... so going back to the well again.There is an area of our town that we would like to purchase our forever h...

@Roy N. and Jeff Beard Thanks for your responses...you summarized the options well.While the property might be beautiful, if the numbers don't justify pursuit then the right thing to do is walk away.  

Quote from @Jose Ramirez: I wonder if anyone can give me your feedback on umbrella insurance State Farm called me and told me that I should open a umbrella policy for my rental properties Most umbrella policies don’t cover business pursuits, nor losses from having too low damage coverage.

It sucks to live in a job site, but if you can take it, it's a worthwhile pursuit.

A good credit score will help significantly in the future pursuit of real estate as you try to get the best loans.

Buyer will be required to declare agency at first substantive contact to move forward, if buyers refuse that is buyers electing to decline further pursuit of transaction NOT the agent/broker cancelling it. 

I hope you feel better soon and I hope cooler heads prevail on other threads in this community.....We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.Preamble to the Declaration of IndependenceYou say they got it wrong Chris.... 

Others play hide & seek games with their intentions.If you're interested in the Detroit market, DM us. 100% agreed with Drew.Most will have an ulterior motive so stay very diligent.Best advice I could give for investing long distance is to not do it lolI moved from Australia to the US in pursuit of real estate.I suggest the same for others that are looking to make real estate investing a "real thing".Easier said than done just packing up and moving to a lame town just for real estate so I get it...But certain sacrifices need to be made if one wants to achieve certain success.Just my opinion."