I was prepared to pay cash at $60k.'

Suitland in particular is preparing for a huge homeland security building specifically by the branch ave metro.  

You should hire a lawyer or professional property manager to start the eviction process and be prepared to carry it out.

My gut feeling would be that newer land lords i.e. folks getting started with the rentals in the C and lower class neighborhoods will be affected first and most yet they probably will be the least prepared to manage the issues that may arise.  

Only a small portion of any transaction I work on is spent on showing properties - more is spent preparing an analysis, offer, presenting, negotiating, and then doing all of the after-contract stuff.

So, be prepared for months of waiting.

The attorney told me that I can re-sell it using a Quit Claim Deed, that way he could prepare a document with a correct legal description. 

I'm new to lease option, but getting prepared to offer one on one of my properties. 

Most people that teach it DON'T touch upon some serious issues:1. are you prepared to close if you cannot find a buyer.

You can ask for vacant at closing but be prepared to walk on the deal if the seller is not prepared to evict.