I believe there is merit to paying off all our credit cards and getting a nicer vehicle and honestly I don't see anything wrong with her body but she has put up with all of my **** for the last 10 years so at this point if it makes her happy thats fine.

This was on a property that is assessed at $5k that I bought for $425 so I didn't feel like it merited closing with a title company and getting title insurance.  

"Wide diversification is only required when investors do not understand what they are doing" - Warren BuffettAs many have pointed out, REI is very focused investing with a great amount of control, especially if you invest locally.On the liquidity side of things, there is some merit to her concern. 

The more I think about it though, buying it Subject To has merits as well as just doing a lease option.The other thing I should note is that I am also concerned about expenses because I would be covering closing costs.

Patrick,I think there is merit to your idea.In the old days, I used to call a lot of For Sale By Owner (FSBO) signs as well as get to know the neighbors in the areas where I bought rental property.  

Because I gave the deposit back, I should drop the issue, even though keeping the deposit may have had merit?

Those values could have much less merit if the subject prop is very unique.

@Nikki HarmonBefore going through the bureaucratic headache of filing anything formal with DBPR or even FREC, I would consult with a real estate attorney (maybe you know someone, a friend of a friend, etc...) and see if these boards would find any merit if a complaint was filed.  

I would return the money and let them decide on the next deal based on the merits of the deal separately vs. trying to roll over their money. 

After researching (and talking to residents of area) seems there is some small amount of crime but the area has a worse reputation than it actually merits.