Our project has been pushed out quite a bit, but as far as I can tell all for legitimate reasons with permitting delays and market shifts.

Mark Munson Thank you I love this site it is so helpful to a rookie😊

The move-in experience is so crucial so please do not skimp out on that.Quote from @Lateefah Mathews: @Tar-U-Way Bright I'm in agreement with everyone else here...House Hack!

All of the confluences will add up, or they won't, as far as verifying someone is who they say they are.  

In this specific case, as several pointed out, the risk has gone up and so the price should go down.BUT, there is so much more to consider.1) How long has the seller owner the property?

Maybe the work is so extensive that it won't make them a profit?

Regarding there being NO EMD- If you sent me a contract and did not put up EMD then as far as I"m concerned, we do not have a binding contract. 

We are not sure how to handle this, but I’m considering talking to counsel as far as an attorney goes.

As far as automating this, I’d like to hear if others do this.  

Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment building. 4 years ago when I bought this property for 445k and I dumped in 200k and has performed incredibly well and rents have grown, the building is now worth around 1.1M.