There's the technicalities.

@Shaun Reilly, I agree with everything you say except one technical point; I and others did see the sh1t coming in 2006 and proceeded to liquidate portfolios.

Also you could check out the book 'Hold' which you can find on amazon or other locations to give a good background before jumping in.Search for other threads on BP on the 50% rule and 2% rules to get additional insights as there are many good ones.

@Anish Patel - welcome and you've got a great background for real estate investing.

My husband has an entrepreneurial background and experience selling residential RE in NJ as well as property management in a small expat community in the Yucatan of Mexico.

Realtor told me it was only back on for 1 day as a technicality and wasn't taking offers because the buyer wanted 15k knocked off of house for repairs and homepath had to cancel their original transaction, relist, then create a new contract with that buyer.

I agree, my credit union was off its game by not informing me of this "little technicality" during the pre-approval stage.

You will have to follow what is in your lease agreement.In the event your lease agreement does not cover early termination the current tenants are technically responsible for the rent from the time they vacate till the time you find a new tenant.

I ran a background and credit report using RentPrep. 

I guess I'm unclear if they are doing something technically wrong, or if they are parking on a legal curb, but your paved walkway happens to be coming off of the curb (but no driveway.)