With the dry ground and soil conditions, foundations tend to move quite a bit.

Side note; trying to collect a pet deposit from 5 year tenants who have already been there with a pet is like trying to stay dry after you jump in the pool.

The only thing I heard is the lender they had lined up saw in the MLS before they could delist that it was listed at at $3mil and said no.The lender could be using other peoples money, split that 25% commission with the agent, investors are hung out to dry, lender-broker say oh well that happens sometimes.

Like I said above, limiting to “VA-only” lending would run dry of talking points pretty quickly.

@Carol Kotchek, There's a couple different questions and answers in your scenario that keep it from being cut and dried.1.

Our crew has taken the property down to the studs and we've been drying it out for over 2 weeks now.

Be prepared to not get paid much for a couple months while you get things going, and then be prepared for the market to change and give you a dry spell.Some common expectations with having a RE license is that you'll work in a professional industry full of professional people that treat this like a business and treat colleagues as such; However that's not really how it goes.  

That is the type of tenant that will bleed you dry. 

Then COVID hit Colombia hard and they started having more problems, so they just walked away from all their Medellin projects, including the one I was in, and left us investors high and dry.

I have one house where it's actually more practical to do the laundry on-site (no good local access to send out the laundry) but even then multiple sets of linens mean the house can be done with everything while waiting for the last load to dry.