I started the class online but realized that for me personally it was a little hard to stay focused and retain the information.

You would want to stay below that to attract/retain quality tenants.  

So after retaining the sec. deposit they will owe me $690.53 +/-Should I go to the magistrate today?  

what is it called when the owner of the home now agrees to a purchase price of 350k and you pay the mortgage while it being rehabbed and then at the closing you give them 350k and you retain the additional profits?

If you cannot find a buyer and you cannot buy the property, then the EMD provides compensation for damages caused by your breach of contract; your EMD is forfeit and your responsibility to the seller ends.Seems to me that $1000 or $500 or $100 or whatever EMD you can negotiate is less risky and less costly compared to retaining an attorney to defend you in court.

I used a simple two page contract which states "If buyer defaults under this contract, any and all seller shall retain monies deposited by buyer(s) as full liquidated damages.

Would make life easier, but in all reality it isn't that bad being a landlord IF you are lucky enough to get good people you can retain. 

In the event the Buyer does not exercise its exclusive right to purchase the Premises granted by the Option during the Option Term, Seller shall be entitled to retain the Option Fee, and this agreement shall become absolutely null and void and neither party hereto shall have any other liability, obligation or duty herein under or pursuant to this Agreement. 5.

Theres a lot of debt to go around in my house, as my younger brother (19) has a combination of a defect in his aorta valve as well as the disease hypertrophic cardiomyopathy (probably spelled that wrong, its the same disease that most of the young highschool atheletes died of on the court/field from being undiagnosed, thankfully his aorta defect allowed for frequent testings and caught it ahead of time) and a mytochondrial defficiency in his skeletal muscles.

Is sandstone a good material to build retaining walls with?...