It had violations and failed the 40 year cert, along with some minor fees, which I was aware of and planned to address.

I could have walked for that reason, too.If all else fails, consider your lost deposit as an investment in your education, and check all these things before you get this far next time!

Since they failed, do they have the right to call my mortgage due forcing me to sell the property?  

Of course you and I both know there's no way they'll quality for a loan in a year, so when they fail to pay up you simply kick them out and find another chump to do it all over again."

And of course every market will have the failed landlord syndrome. 

Also a syndicator I worked for in the mid 80's got into some huge lawsuits over failed multi family and ended up with big judgements... so I know they go after debtors there or at least they did.As you probably know on there are 12 states that a purchase money deed of trust for owner occ.. there is no ability to get a defiancy...

The business is failing and it is for sale, listed with a broker.  

I really liked Justin Williams Fail Fast Forward education.

Credit is not an issue, but cash reserves aren't significant just yet and FHA would probably like to see more stable income from a 1099 like myself (although my parents could possibly co-sign)-Paying for rehab costs after choosing one of the above financing routes, with little background and experience with rehab work but have solid connections with GCsFor those of you who have successfully completed a live & flip I would love to hear your stories of how, where, and when you were able to do so, the biggest obstacles you overcame (or failed), and any advice you would have for me going forward.Thanks!

I partnered with a co worker and figured it was better to try and fail vs not try at all.