Hard money How did you add value to the deal?

If I don't buy a house now and instead use my savings to be able to quit my job and become self employed as 1099 commission sales, how long would this delay a home purchase?

This delay is costing me money every day as my property remains vacant.Additionally, their application process is extremely tedious and discouraging for prospective tenants.

Short answer - tenant pays.Long answer - landlord pays because tenant has no money to pay that's why they are on section 8.

My family and I currently live in a small podunk town in Iowa, which I truly can't wait to move from, and we rarely come across money like this (we're basically as middle as middle-class can get). 

Having a broker that knows the ins and outs of lender specific programs will save you the time and money. 

This money would pay the PM and "saves" a bit for the future expenses.

I'll get most all of my remodel money back out and be left with about 20% of my own money in the house - cash flow will be limited once rented.

Property Purchase : $4.0M 1031 Exchange Money: $1.05MHe has loan approval at 25% down for the commercial property and he will be pretty close to being completely wiped out with attorney fees and other allowed 1031 expenses. 

And they are also trying to take 1/2 of the money that I paid them instead of giving me the entite payment that I made.