He didn't "make money", nor can he identify the final value at $25,000 until he sells it, it's purely a claim of blue sky. :)

Austin go to your local supply store and ask the guy behind the desk can he refer you to two guys that can do a heavey up .He see every electrican in your area and he knows who is who.The second trick you can look up permits in your area on line and see who pulled permits for what you want done go up and ask the owner did they do a good job there name and # or on the permits.or last if you see a local building inspector he can tell you real quick and tell you who to stay away from.I am a GC were out there you just have to dig a little to find us.

How can he invest with me without being penalized?

& hey BP...can he give her a 60 day notice that as the new owner, she needs to find other housing and she MUST vacate to premises on or before the 60 day deadline.?

He who thinks he can, can. He

Can he use the property as collateral to get another loan to get another place that he can afford once we have an agreement?

Can he now continue to pay his mortgage to keep current, or will he fall behind again?

The biggest question being, can he/she take all the risks associated with the tenant and the property (mechanical issues, toilets, etc)?

Can he bring in more business for you as a self-employed broker than he can as a sales agent?

All you need to do is to mention the higher offer and justify why it's not a valid offer, that it's not from a willing and able buyer.Hard to believe that through all the negoiations in a SS that the Realtor can state that the property value is lower then the highest offer received and know that the offer is not valid.I disagree with your broker/attorney, is the attorney willing to go to court....shure they are, they get paid, can he/she guarantee that defense would be successful?