We would never allow this.What is your tax situation - I don't see anyway you end in a good situation by selling due to depreciation and payback and realtor fees, selling, closing fees etc unless you 1031 into something.

I know someone getting their deal from wholesalers and they close 2-3 a month with significant profit.

So after I started getting legitimate leads and closing deals I looked to find out what things the leads/deals I was getting had in common.  

We are pre-qualified from two lenders, but we don't have cash for a down payment or even much in closing costs.

Even if the Tenant closes their accounts, Obligo will guarantee the payment and go after the tenant to collect.

We select a list of top 10 competitors in the neighborhood and monitor their pricing closely, adjusting our pricing to theirs after considering reviews, condition of the home, occupancy, etc.4.

, people are closing on good rental property deals every single day. 

So just recognize this could be lengthy process if they default.If it was me, I would take it as a non-refundable deposit with a letter of intent and a purchase and sale agreement that the money is a down payment, is not refundable and they must execute the closing by a specific date otherwise they forfeit the money.

Account Closed It depends on your definition of skip trace.

Currently, I bike and take the bus to work to save on expenses from owning a car, I meal-prep once a week and eat out only occasionally to save on food costs, and I strategize my regular spending to receive the maximum cashback.Looking forward to interacting with this community and learning more about making smart investment choice.