@Joe XieReport to craigslist and continue to monitor the site in case it comes back up.

I love this site.

Then he bet me that he'll be there a year, and if he last that long, I'll lose the bet.

Wow, amazing site! 

My question was how people "deduct"/don't pay tax on those expenses.To provide numbers, again this on a property, but not one I currently own (tenant in place for 1 year so no ads, turnkey so should have low repairs, but I still use 8%).income 1250$/monthTaxes 177$/monthInsurance 100 $/monthmgmt fees 100$/monthmaint 100$/monthVacancy (not actual money put aside) 125 $/monthCapex 183$/monthmortgage 440$/month of which Interest 4000K/year (330$/month)monthly expenses:1225$/monthprojected net income: 25$/month Your expenses remain the same (I guess they could decrease if you're covering utilities or something) when you're vacant, so you'll likely lose money each day you are unrented. 

I would not have to do that in a MF/apartments because I would have an on-site manager.

( I wIll lose a few K of MONIES I Had To PaY) Since Themarket Is slowIng down In texas.

I have to either get quotes or over estimate (which is a risk of losing a deal). 

The current owner is out of state and there is an on-site manager who has managed the property for over 10 years.I only have experience with a 4-unit that I own currently so this would be quite the leap for me.

At this point it doesn't seem to make sense to trying an get funded before the specified closing date in a few weeks, so we are looking to not move forward with the purchase.We are being told we can terminate our offer at any time we want, and get our earnest money back due to "not receiving proceeds from sale" or "not qualifying for funding"The way we are reading it is that we need to let the contract automatically terminate on the date specified in the contingency form, and potentially keep trying to sell our house, to get the earnest money back and not be in breach of contract.We want to be sure not to lose our earnest, and do everything according to the contract.Thank you so much!