But this is the consequence of not paying your property taxes.

We know our worth and those who don't, well, suffer the consequence of trying to squeeze a few more bucks out of a sub-par offer. 

Ideally, I'd sell to an investor who wants tenants in place under cash flow positive scenarios which mine are, but I'm just unsure what the consequences of doing so would be from a Texas Tenant-Landlord law standpoint.

Seek to Understand RealityOne inevitable consequence of seeking to know yourself is expanding that curiosity to knowing your place in the universe.

Consequently you see more foreclosures and a lot more houses on the market.Supply and demand: When there is a lot of supply on the market, the price typically goes down.

So, consequently, in California with property values as high as it is, most of the properties here are not good for cash flow.

http://online.wsj.com/article/SB124329282377252471.htmlThey haven't even begun to feel the consequences.

Delia Rhinehart - the buyer and sellers agents are probably upset too because the owner owes them a full commission for bringing a ready, willing and able buyer.Talk to your agent and your agent's manager to see what attorney tools (or mediation) they would plan to use in this case to get the commission due their brokerage.I would have my real estate attorney (ask for a fixed fee of $800-1400, not $200/hr) draft a letter (or file a lawsuit) stating that you have incurred $$x damages (loan fees, inspections, your acq costs/time, lawyer) due to the breach of contract and that you intend to sue for specific performance.Maybe the seller will change his mind about cancelling... who knows if he received another offer and thinks he can sell to the next party with no consequences.

Consequently, you should make sure that you are confident to take that leap into the realm of using OPM.Hope this helps.

I would reach out to your CPA and ask them to run a tax projection for you to evaluate the consequences of sale.