The fear of losing your deposit is real for me, that's the reason I give to the local bank when they ask me to bank with them, although it is the same in a sense, but at least when these big banks close, either fed govt kicks in, some bigger bank buys them, or there is a total chaos which brings in more attention than that of a local bank that has only 5 branches.

And if so, are you aware that you may and likely will lose every dollar you put into the place if you are unable to in the end exercise that option?

With family... when you win, you lose. 

Whatever you do, just make sure you don't lose any money.

But for like immediate cash flow type of passive income, you won't get it in those areas.Notes and all that work, but they aren't properties in the areas you mentioned, plus you lose out on a lot of passive income with notes that you would get with owning real property.

The difference is significant enough that if we were to consider lowering our price to the appraised value, we'd lose any profit we would have made, plus lost approximately $11K of renovation costs.  

If she balks, and says she accepted your offer in writing, you have to perform or back out and lose your deposit.

You wait another 2 months for $800 you would lose 2 months worth of rent and your annual gross income on that unit would essentially end up being equal to $700/month!!

If the house is already that color, some may be very turned off by the look and lose interest in it.I recently went into a house that was being painted what I considered to be very unusual colors and nearly gasped when I saw what was taking place.

(and has it worked into the numbers so you won't lose a house because on a commission)To Your Success