It’s unfortunate but could be a great opportunity to acquire businesses and help ease the burden off of the owners.

@Alex Murphy for your individual circumstances, you really need to consult an attorney that can advise you and a CPA that can tell you any tax benefits.

But, if there are certain circumstances (such as a member of the party is a senior citizen or the conference or event was canceled due to coronavirus precaution) then I would consider making an exception.At all times we would refund the guest's payment if something should happen that would prevent the guest from accessing or using the property, such as it becoming inhabitable due to fire or flood, or a mandatory evacuation due to a storm or hurricane, or roads or airports being closed that would prevent the guest from accessing the property, etc.

Unfortunately, I don’t think there are any hot areas in Minot right now.

We have unfortunately been unable to locate the current lien holder.

The guy does not see me as a friend (long story but the house I own was previously his baby mommas house), I don’t know anything else about his personal circumstances, and I don’t know exactly what he would need.

As a seller, I would not be giving roof credits under any circumstance without verifiable issues creating a hazard inside, especially not if the roof is less than 8 years old.

Cancel the contract or renegotiate but under no circumstances close knowing what you know based on the inspection.

Maybe even negotiate time to get a traditional loan depending on the circumstances. 

I have the cash set aside, however in this case, I believe drugs, criminals, state police raids and verbal agreements are extenuating circumstances.