You severely restrict your ability to capitalize on investments that can often prove very lucrative if your funds are tied up.

If you are not tied down to family then you can go anywhere in the country.

What IF these were tied up in the courts for months or longer?

@Christopher Anello203k is great, it is more of a rehab loan where the rehab is tied into the loan.. it is also 3.5% down. but of corse, you could put more then 3.5% down.  

There are also very large transaction costs on both sides of the purchase (explicitly or implicitly) and large organizations with political ties to maintain the cartel for real estate commissions.  

See if he can perform for you, but if you are not getting what you both had agreed to, then cut ties and find someone else to finish the job right.

In property, having too much cash tied up, simply kills investment returns.Now - we are not talking about "too much leverage".  

However, I really thought the metal trim would tie in the stainless steel of our sink, faucet, and future appliances. 

I worked with a partner 50:50 who had much more experience but multiple contractor issues, health issues to my partner, and high crime in the area lead to most of my capital being tied up for 9 months with no profit to speak of. 

The landlord is locked in and so is the tenant, until either court action is brought by landlord or a mutual lease termination is signed by all parties.I'm sure the landlord in this case is ready to move on but her hands are tied until this is resolved.And why should she just fold and not recoup some type of compensation for removing the unit from market.