Something like this, just off the top of my head....you can probably find some cancellation notices/addendum online.As per the contract dated____, between xxxx and xxx for the property at xxxxxx, I am hereby terminating the contract as per the inspection clause, paragraph xxxxxxx.Both parties hereby agree to terminate the contract, relieving the other party from any further obligation, and the earnest money of $xxxx shall be immediately returned to buyer xxxxx.By:   Buyer xxxxxx____________________________.  

Once you do that you're at a point of no return so just keep diving. 

Be cautious about trading in these properties for “high return” properties.  

I've done the same for recently sold similar condition and configured properties to get idea of cash on cash returns in neighborhoods I'm interested in.Mostly between $200-400K.

@Skyler Chaney,  Hello Skyler, I've been looking at plans for an unbuilt tri-plex which when completed is expected to offer cash flow of several thousand per month, instant equity of near 20%, and a Cash on Cash Return on investment of over 50% the first year.  

Always start by offering something first before asking for something in return!

But given that the clock is ticking (about 75 days), and I don't have a team or infrastructure in place (broker, PM, etc), I'm not sure how likely that is.I've spoken with a couple folks who broker DSTs, but the returns are low (7% max) and the exit options aren't great.

See if the totals can support a good return on your investment. 

It sounds weird but some will not use rental income until it reports on the tax returns for residential loans. 

I got copies of the 2015 and 2016 tax returns and copies of the water and gas bill.