Obviously, I'm still at the early stages of the investment cycle but I'm feeling good about what has transpired thus far.Hope this is helpful-Mark

A large percent of those will drop out because they become expectant of better cash flow and it never transpires. 

I've been pretty active in the area, so if you guys need some advice/insight on what's transpiring, feel free to ask.

Seemed very professional and lots of data/property listings, but why would I provide a refundable deposit before anything has transpired.

Based on what transpired, I would just cancel the deal.

Since my original post, the following has transpired:1. 

I am not sure what all transpired but this is why we preach CUSTOMER SERVICE IS KEY.

Incomes will rise to help offset inflation, competition will drive prices up to levels that make investors pull their money and head for greener pastures, migration to cheaper markets should occur to balance out the disparities, etc.There seem to be a lot of hands on a lot of levers these days though, so who knows if any of this will actually transpire.

And not just with what transpires in the transaction, but how you emotionally and personally manage all the nuances & challenges that will occur.Good luck to you Sir, Dave 

It's not your home yet, so I would work through the Seller to stay on top of what's transpired so far and what the family is planning to do.