And the last one, which really depends on your market: Once you re-list the property do you expect that the previous exited contract will affect the future price you'll get for the property?

I am eager to get into real estate investing but currently planning my exit strategy from a previous purchase. 

I recently graduated college and started my career as a mechanical engineer and have recently decided that while I love my job I don't want to work for the rest of my life, and real estate investing makes the most sense to me in order to gain financial freedom before I turn 60.I have been reading a ton of real estate books and discovered the bigger pockets book on rental property investing which gave me a great introduction to all the topics and possibilities in real estate.

@Frank Pilipauskas after reading a few of your other posts, I thought I would share a bit more info.It looks like your condo was bought a bit over a year ago based on a previous post.

The previous property manager has not been filing the AP-206.

And as previously suggested, get as detailed a SoW as you can, so everyone’s on the same page and don’t take any crap like I did. ;) But after all is said and done,I’d do it again.

Selling:28k negotiableFix 12-15k fix In 37914 : 5 min away from ZooThe area is not great but previous owner updated water pipes.

Yes, it's a large sum, but there was a previous all cash offer on the property and Kevin, while he is using a Mortgage, offered a higher Purchase Price and a higher amount for Earnest Money to be deposited on Contract.The Check for the Earnest Money on Contract was made out to the Seller's Attorney Mike as Escrowee, so I am assuming that the Earnest Money had to be deposited into the Escrow of the Seller's Attorney.Kevin then Applied for a Mortgage at a well known Bank.Title was completed and an Appraisal was ordered.Sometime around mid-June 2017, a few weeks later, the Seller's Step-Sister filed a Lien of Rescission to stop the Sale.When the Appraisal came back, the Lien of Rescission was discovered, the Mortgage Bank added the Lien as a condition to clear for closing.A Civil Case was filed against the Seller and the Case was suppose to take place around December 1st.Buyer's Attorney and Seller's Attorney agreed to postpone the original closing from 45 days after signing the Contract on June 13th to December 1st day, documented in email.The Case was then postponed to January 29th, 2018.Along the way, the Buyer's Attorney got sick and developed ALS.When January 29th, 2018 came, the Seller's Civil Case was again postponed to April 1st, 2018.The Mortgage Bank issued a statement that the Mortgage Contingency was no longer valid and has expired.Kevin then changed Attorneys.

As far as my real estate career, I worked for a local Century 21 office for a year when I was in college but I was more interested in my friends than work so I never really took off with it.

In my previous property I installed blinds/shades in all the windows.