Some deals are simply dead and the sooner an investor realizes that the better. 

You're in a HOA which covers lots of these costs.As for the HOA Dues being a killer, you do realize that without those you still wouldn't be paying $844.

Also get to realize a nice cashflow in those first two years. 

My wife and I just sold our first property we bought ever and without realizing it we basically put a ton of sweat equality into the house.

My first deal was a condo and I used air bnb to short term rent it, to later realize 30 days and under renting is not allowed.

I've seen many newbie investors whose first action is creating an LLC and all they did was waste money and didn't realize that they could not get agency debt within their LLC.

So if it's your first couple deals I do agree with you having an experienced buyer or 2 ready to go so you can reduce the possibility of them backing out, but after a while you'll realize who's legit and who's blowing smoke.

Because the day that I did that, I ran it through an amortization calendar and I realized how quickly this was going to scale as far as equity was going to go.

I haven't bought anything from realpro.com yet.I did realize the proformas they put together aren't worth the paper it is written on.I am looking into multifamily and the rents are not honest it's just a projection of what it could be.

I inherited her when I bought the house and later realized she was playing games with the other landlord other landlord didn't tell me about this until after I closed. she's now playing similar game with me and seems like the courts system is helping her to do this.