Thank you Joe, I think I would feel slimy working with multiple agents like that without telling them ahead of time.

How else does a millennial get ahead in this economy!?

You're far and away ahead of most people your age and just keep learning.

Your loan officer and agent are going to push you forward because they get a big commission if you go through with the deal.As an outside observer, I wouldn't do the deal based on the numbers you gave.

Though I don't anticipate needing keys and won't experience any damages ahead of this date, I'm uncomfortable with owning an asset that I cannot access in the event of emergency.

The Days on Market (DOM) figure for single-family homes fell from 51 to 29;Total property sales increased 1.6 percent with 11,285 units sold;Total dollar volume rose 16.9 percent to $4.0 billion;The single-family average price increased 13.4 percent to $372,408; The single-family median price rose 13.3 percent to $300,000; Single-family homes months of inventory registered a 1.8-months supply, down from 2.4 months year-over-year and below the national inventory of 2.6 months;On a year-to-date basis, single-family homes sales are running 15.3 percent ahead of 2020’s record pace and 21.6 percent ahead of 2019.Townhome/condominium sales rose 11.7 percent with the average price up 12.1 percent to $240,994 and the median price up 17.6 percent to $210,000;Single-family home rentals fell 8.2 percent with the average rent up 9.0 percent to $2,115; Townhome/condominium leases fell 1.8 percent with the average rent up 6.3 percent to $1,793.Source: HAR

You'll be ahead of the bell curve and ahead of your peers, no doubt.

They will insist that there is no other encumbrance ahead of theirs. 

We had the option of cutting our losses by selling the property OR to go ahead with our original plan of adding some sweat equity by fixing it up to hold/rent out.First off, I 1000% echo what the other posters on this thread have shared.

Just make sure that you have house rules and expectations set up ahead of time.