I've received several counter offers lately with this request, and then it's on me (as the buyer's agent) to explain to the buyer the risk involved and to verify that they are capable of closing in that scenario.

If this is the case, would you suggest that I get another appraisal after 6 months (January) or just fight it the best I can and take what I can get?

the issue is these types of scheme's that guru's talk about many time lure the investor with very limited capital into these transactions. the seller being unsophisticated has no clue how bad they can be if the person buying from them is either not capable of performing or as @jamewise is alluding to is just a flat out crook..

I have already gone through friends and acquaintances but those who may be capable are not familiar with the area or real estate in general.

Since it will also cut out your living expense, it will save you additional capital to put towards more properties.When house hacking you are mostly fighting the clock more than anything else since you can only do it once every year.

I have already gone through friends and acquaintances but those who may be capable are not familiar with the area or real estate in general.

But you probably don’t want to get into a fight as evictions are difficult to come by.

How hard they are willing to fight for you will directly impact this process.

And an agent the will fight for you, guide you, listen to you and make sure to answer any and all of your questions.

I would also think it would take cost you a lot more than 8k to fight this battle.