Now my buyer Is thinking about backing out and I'm wondering what kind of legal remedy can I seek if this happens?

You should acquire the property under a land trust with your LLC as the beneficiary. 

In any action with respect to this Lease, the Parties are free to pursue any legal remedies at law or in equity and the prevailing Party in litigation shall be entitled to collect reasonable attorney fees and costs from the non-prevailing Party as ordered by a court of competent jurisdiction"I think this should protect me.

Hello BP community,I’m currently in need of direction for acquiring my 2nd property and need some NJ broker contacts to discuss options. 

What sort of properties are you looking to acquire? 

Lead paint itself is not dangerous - it's the lead paint that is deteriorating—peeling, chipping, chalking, cracking, etc, that is problematic and requiring remedy. 

The BRRRR is just a method to acquire properties with less money for us as real estate investors.I hope all of that makes sense but feel free to ask anything additional if you need.

I've acquired 8 units so far, I have details of them on my profile if you want to take a look.

I am trying to acquire 2 properties by the end of the year.

I’m not too keen on the fund and grow model operating solely on business credit but it does seem the most direct way to utilize the cash I have on hand and acquire enough operating capital to get into decent property.