Good luck on your case, and I hope the worst imaginable scenario does not come to fruition. 

Since it's currently an unapproved short sale I'm not counting on it coming to fruition anyway.

I hope this doesn't come to fruition but you should be at least concerned about what's happening.

I knew exactly what I was getting, and it has come to fruition -- but a bird in hand is worth two in the bush.I can also agree that a owner-turned-tenant could be a nightmare.

So far, no 4 year lease has ever come to fruition and I've been able to keep every deposit from the default without having to feel bad or figure out if there was damage - it's just a given. 

However, that has also not come to fruition. 

It's currently still in the planning stage, but will likely come to fruition in the next few months. 

If it doesn't come to fruition, your exit strategy is "Denver".

It’s also very satisfying watching something you spend your time and energy on come to fruition.

This even includes the expenses that are incurred to look into a potential deal that does not come to fruition and the lost opportunities for income to be made because monies are tied up in "negative cash flow deals".There is a lot more to it than just these that I have listed, but the 50% rule is over time found to be the best way to prevent extra time being spent on those losing deals and thus having to spread that time expense cost to all the other ventures that you have going.Basically put, if your total of all deals (positive and negative flow) does not euqal the bottom line increase or decrease in your net worth at the end of the year, then you have unaccounted for expenses and or income.