I hope you have a big fat deposit.

Sellers now are in a tough position where they would ; 1) obviously move forward with deal and close of escrow as planned sooner.2) wiling to work with buyers but don't want them to back-out at the end of due diligence period without any compensation for loss of opportunity.3) Seller are contemplating to ask for a non-refundable deposit from buyers if they choose to cancel the deal and walk away at the end of the (90) days extension.4) what is fair and reasonable under these circumstances as I don't want to risk the buyer canceling the deal completely, but also don't want the seller end up with absolutely nothing? 

We refunded the deposit, did paint and flooring and rented the unit with a big increase lickety split!

There are number of ways that you can open up slots to continue to buy rentals via Fannie Mae financing.

@Mike Neubauer you will lose your earnest money deposit, but you could also be sued for specific performance.

I’ve already taken one deposit based off this, I made it refundable until the date of in person viewing (tbd).

Tenants responded they need $6,500 for moving expenses and next deposit (rent is $1,100 in our area) and will not negotiate.

I pay my friends $50 per hour and subtract it from the deposit except for wear and tear.

He had our tenant’s deposit in an escrow account.

@Lee Lockhart  It sounds like you paid this an earnest money deposit directly to the wholesaler.