If you (Seller) back out, be prepared to refund any monies they’ve given you, spent along the way (inspections, professional services) and other compensatory damages.

I want to be well-prepared.  :-)

Manshi MehtaIt sounds like you're trying to make as much money as possible and minimize risk.Speaking of risks and money:http://www.bostonglobe.com/metro/2014/08/19/family-student-killed-fire-prepares-wrongful-death-lawsuit/CFhp5A0XzHVu77s7vfMFuI/story.htmlhttp://www.nytimes.com/2012/06/15/nyregion/manslaughter-charges-for-landlords-in-brooklyn-fire-that-killed-5.html?

Owner of a duplex in Cudahy and looking to optimize how my business is setup and assistance with tax preparation. 

You need to ask what is wrong with the deal, and be prepared to learn.

If people are prepared to be flexible, keep and open mind and learn, they will grow richer and richer despite tough changes.

I was born and raised in Fairfield County and am preparing to go to Stamford, CT for the holidays next week.

How can I better prepare against these kind of things which would otherwise hinge my LLC acquisitions

However in my PPM that was prepared by my securities attorney, the minimum was $50k to get into the deal and only open to accredited investors as defined by SEC.

However, the way to overcome the fear is to be prepared.