Forget about the past and figure out the present and future potential.

Let’s chat for future deals.

You are going to be very bored when you retire young so start building your REI portfolio so you can travel and visit your properties and continue to build your portfolio and future wealth through passive income.

You can certainly withdraw your offer - even if they signed it and you did not.It really isn't necessary to provide your potential mid-term tenant an explanation for your actions.  

I’ve been a renter, I’ve been a homeowner so the potential problems seem more familiar to me. 

You didn’t mention vacation areas like Tahoe, Smokies, Outer Banks, Myrtle Beach, etc where STR has been legal & welcomed for 100 years & should continue to be long into the future

Hey everyone,I have been in the process of learning the commercial real estate game specifically with syndication and joint ventures in mind for the future.

I am looking to potentially purchase a condo/single family home to live in and refi down line in the Miami area.

The buyer can't successfully refi then and is stuck with a potential liability they've overpaid for.Moreover, the other risk is that if the seller still has a mortgage and the buyer is making payments directly to the seller, the seller could collect the buyer's payments and stop making payments to their lender (pocketing money) until their lender forecloses.

We are both remote workers and hoping to get a better understanding of some local markets such as Pueblo, Co and potentially surrounding areas preferably more west.