🎯 I get it, though—pulling the trigger on the first deal feels like stepping off the ledge.

I don't know the DLP side of the story but it appears as they are trying to force a sale that would wipe out the LP equity and investments. 

Will you lose money on the clean? 

Most people who end up replacing their W2 income with rental property income realize they are working way more hours at their "new job".

In reality, these are two very different things, but they add up to what we call “cash to close”.Let's define the difference between closing costs and prepaid items:Closing costsare one-time fees that you will ONLY incur if you purchase or refinance a property.

I just want to make sure the COGS total can be deducted in the year the sale is completed. 

If there are any issues with the borrowers, I don't have to deal with it.

Quote from @Michell Chase: I am working with a hard lender on a purchase/reno and they require a builders risk policy even though 1 unit of the 3/4 will have a tenant.  

most contracts your 5k is your liquidated damages in most contracts. .. so snag that fire the agent and find another buyer if 13k is that important to you.. for sure not worth hiring an attorney for. 

Welcome to the show, Marie.