Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!

You can certainly withdraw your offer - even if they signed it and you did not.It really isn't necessary to provide your potential mid-term tenant an explanation for your actions.  

Additionally, the surrounding areas are potentially better for those whom like the LTR model, especially if rents are similar to the bigger cities. 

The buyer can't successfully refi then and is stuck with a potential liability they've overpaid for.Moreover, the other risk is that if the seller still has a mortgage and the buyer is making payments directly to the seller, the seller could collect the buyer's payments and stop making payments to their lender (pocketing money) until their lender forecloses.

I am looking to potentially purchase a condo/single family home to live in and refi down line in the Miami area.

We are both remote workers and hoping to get a better understanding of some local markets such as Pueblo, Co and potentially surrounding areas preferably more west.

That said, we are not in a market where the average deal is likely to have enough potential return to justify paying 9-12% on a HELOC... unless there is a value-add component with a clear & compelling refi strategy later.

You would just need to run some numbers for your potential investment opportunities.

C) The worth of investing $30k in sweat equity, considering this is an out-of-state investment.I would appreciate any insights or advice you could give me on this potential investment.Thank you in advance for your input.

What are some of the potential scenarios you are looking at ?