Sometimes landlords don't perform through background and credit checks before they decide to rent to them, so the next owner gets stuck with the problem.Perform your due diligence.

Should I just chalk it up to a lesson and smile with my 100g's or fight this cancel the contract and face specific performance which might mean still having to sell or face litigation?

Hoping to hear all feedback from anyone who has had experience, positive or negative, with purchasing non-performing notes / non-performing loans. 

Fast forward 4 months and multiple lunches later, I was performing all kinds of tasks for him and soaking up as much of his knowledge and experience as I possibly could!

Finding a renter who would allow you to perform repairs would be hard, but it sure would be awesome to start collect rent while fixing up! 

If so, how are they performing?

There are great concerts at the Kauffman Center for performing arts and national acts at Sprint Center.

Who will be dealing with all the sale tasks on the back end (inspections, appraisals, paperwork, etc)?

So in other words all the hard and time consuming tasks are already done and the property is cash flowing from day one".It is very important you do not just invest on faith, learn the area, the team you intend on working with, really drilling down if the boutique supplier is offering you value for your strategy.

If this was from an inspection you had performed, a.