The remaining 10% who do not fall in to the tire kicker class know the routine and are not intimidated by not seeing the insides without an agreement on the table.  

If we remain with hydronic heat it would likely be electric boilers as I do not believe natural gas is available in the neighbourhood ... nor is it any more cost-effective here.  

He has not abandoned the property if significant personal items still remain.

However, the fact remains that the loan is not assumable, but no penalties, etc... are stipulated.  

Usually they are properties worth less than what it would take to pay off all remaining city liens, costs to bring to foreclosure and prior real estate tax liens that may be on the property.It's tough to "reinvest" when the auction is held only once a year and the leftover liens are picked through. 

There is nothing wrong or illegal about what I'm doing and as long as I remain honest there is no reason why I will not succeed.

If a property is financed, it doesn't matter how many different ways you transfer it or where or who you transfer it to, because if you remain as a guarantor on the loan, that loan will show up on your  credit report, until it is paid off.

I know that sounds probably cliche to invest in real estate investment trusts as a member here, but I really do think the REITs I've invested in are sound - although Inland Real Estate company has been having some issues lately regarding their commission structure on internal sales that are apparently costing shareholders more money, but it seems like the funds are still remaining within their umbrella of real estate companies...hard to explain.

It's just so strange to me to see people buying rentals that won't cash flow, or buying flippers that remain on the market for months.

If we had canceled during the feasibility period, the seller would have received $1000 of that and the remaining $4000 would have been returned to my buyer.Again, it's all very negotiable with the seller.