@Kevin Sobilo The property is in a C+ B- area and we have multiple properties performing well in general area.

I has this happen to me and filed a specific performance suit against the seller.

THis way you won't have to 4close if he doesn't perform. 

You can perform a search of cash sales in the area where you are buying (through the MLS for example - that would not cost you anything, just ask a real estate agent) and contact these cash buyers and see if they would be interested in partnering with you or funding your deal.

He has been casually looking for a place to buy, but meanwhile, he's building an empire!

How's it performing as a vacation rental?

Note that you can perform roth conversations over time (year over year), minimizing your taxable liabilities where possible.

If the first (mortgage) is not in the hands of a major bank that reports, then it will be hard to find out if the first is performing (as Dion was saying).  

follow up with tenants on the repairs that contractors have performed.

One system is B2B and markets to and through trusted advisory who, in turn, direct their clients to contact us to perform our services.