I just looked locally and had negotiated a rent to own option for one month after my funding fell through.

Does it appear that he plans to never pay you or he simply fell on hard times?

All that said I think the lawyers will be the only one to benefit in court.Are you the first offer of were any previous offers made that fell through on inspection? 

It is something that fell on my lap, the owner is a motivated seller.

I would recommend knocking out your ReFi and Heloc in one fell swoop.

Hi Cheryl, I never actually pursued the nurse rental market, as the 2BR place I was considering for this fell through. 

.- Have Money for the Investment- Qualify for the Mortgage- You have your Partners available for the deal2) The Opportunity presents itself- A great Deal fell in your lap- RECOGNIZE the Opportunity!

@Amber Scavone: I would say after buying my first home and doing house-hacking, I saw the power of rental properties and fell in love.

The west and south side are historic neighborhoods that fell into economic hardships in the past and the city is trying to rectify this.

Section 8 was a huge selling point and it fell through immediately.