She forfeited her nightly rate (rent) and the cleaning fee.

If you can't flip it in the appropriate period, then you would likely forfeit the deposit unless you found a way to close on it yourself with some financing help or a JV partner.

However, if one cannot buy the house as intended, do they not "forfeit" that amount invested?

WA has a particularly juicy Real Estate Contract that lets them forfeit easily if you default for 90 days.

I have heard of new wholesalers forfeiting a wholesale fee in exchange for being involved in a rehab so they can learn the process and gain some experience on the construction side.

Would that forfeit any protections that an LLC affords?

Ok, so first things first...get a shovel, and about 300 heavy duty bags...proceed to fill bags with sand and create a barrier wall to stop any direct fire or shrapnel...or immediately vacate war zone.Try cash for keys, or just forfeit part of the month and move out on the 15th...yeah you loose a half month, but you reduce your exposure to crazy, and that's priceless.

So my lawyer and the other companies lawyer came to an agreement for both parties that the tenant would move out and forfeit their security deposit.

Here is the way we handle the process after selecting a tenant:  once the tenant is selected, they have 24 hours to pay a holding deposit of $400 to hold the unit (applies toward security deposit, but if they back out at this point it is forfeit).

I would like to tap into my IRA for cash without necessarily forfeiting my ability to buy and hold securities and mutual funds also.