It sits on their credit report and potentially prevents them from qualifying for a rental or a loan.

Homes are sitting around 40-60 days.

 $160K sitting in escrow at the district court.  

They said they'd accept a 6 month term instead, but they're not being very forthcoming about what their sales record has been (I asked for the last 12 months just to get an idea, but they ignored the question :( ) and I'm getting a not-so-great feeling about working with them....The home is 2-stories, attached garage, 4bd 3ba, 2269 sqft and sits on a corner lot with a huge backyard (lot is approx .13 acres or 5662.8 sqft).

Days on Market:•If similar 2/2 homes are sitting for months, there may be an oversupply or pricing issue.

You were able to buy a property off market, do powerful renovations, and now you are sitting pretty with 4 rentable units and lots of equity. 

Can you have the house sit empty for a year.#5. 

@Kiernan LaFaver I like to recommend to people that they sit down with a blank notebook and write a list of 3 month, 6 month, 1 year, 3 year, 5 year and 10 year goals.

That would be around $90,000 sitting in a savings account!

Door knocking and sit down negotiation How did you finance this deal?