I have until then to learn and soak up RE knowledge my young mind can absorb and retain.Failing to prepare is preparing to fail.

They don't give out scores, just a pass/fail, and I PASSED!!!!!

If he fails to complete the payments, I will take an improved house back from him and make more money. 

I do not know if you will find that to be true with a group of girls you may get many more calls if multiple things fail on your duplex. 3.

I have failed to locate anyone willing to do this and am hoping the BP community can help me out.Is there anyone with MLS access willing to provide this data?

Whereas a confidant might fail to complete the task altogether or in a timely manner to satisfy the requirements of your construction loan.

Although we do have investor seller's who don't mind failed options at all.  

Basically what that means is if you are second place, the first place lien (in this case a mortgage) is going to get it's money first in the case that you can't perform your obligation (make your payments).A fail fast and cheap idea for you would be to try calling a loan officer at a bank and asking the same question.

If you don't exercise the termination point in the financing contingency, and no other termination points apply in your situation, then you do in fact lose the earnest money if you fail to close.

I would say most fail because they are never given the proper attention before formation.