It's true that you may have a case given the executed contract, but you've got to consider whether or not you want to force someone to sell their house to you unwillingly.

They are a little on the high side but very professional, and execute flawlessly.  

Husband and wife make good income (he is in sales and she is a bank executive), but dealing with poor credit issue.  

I'm currently in the market for a primary residence (in Austin, TX) and I'm going in with the mentality of buying a fixer upper, executing a rehab, then potentially rent/sell in 1-2 years (potentially using a FHA 203k, but can do conventional financing as well).

In NC, once the sheriff executes the writ, the legal status of the property shifts from the tenants possession to the landlords.

I recommend that you establish a system and a plan for how you are going to execute each real estate deal.When it comes to investing, money management best practices tells us that before you enter into any investment your multiple exit strategies have already been determined.

Execute is step 3.So here is your plan.https://www.biggerpockets.com/renewsblog/2013/04/1... 

Professional level jobs (accountants, lawyers, executive type positions) are decreasing.

Responsive and unable to execute = unable to execute.  

That is my entire goal at this moment, have capital to move on to the next deal.Now, I also opened a separate thread recently to pick come experts brain as of punch list to qualify tenants to make sure they are set up for success when the time comes to execute their option.