You could offer to allow earnest money to become non-refundable after certain hurdles in the escrow process (inspection, financing, etc). 

🚀 As a new Real Estate Agent and Property Manager at Connect 4 Properties, I’m thrilled to embark on this journey of growth, learning, and community building.🔑 About Me: My passion lies in connecting with people.

Read below for my remaining notes from the Single Family Rental Forum (East) that are specific to build-for-rent!

House hacking is such a great strategy for a first property—I've seen family members use it successfully and build wealth in the process.

It took a couple months of negotiations and inspections to get this property.

Thorough Due Diligence:Make sure to conduct thorough inspections before closing.

I live in the Portland, Maine area and am currently launching my real estate wholesaling business as a short term strategy in order to build knowledge, capital, and a network so that I can eventually start investing in my own projects such as fix and flips, and both short and long term rentals.

The HVAC system failed unexpectedly, adding unforeseen costs.Lessons Learned:Thorough Inspections: Always include major systems in the initial scope.Contingency Budget: Set aside funds for unexpected repairs.Flexibility: Be ready to adapt plans quickly.These lessons highlighted the importance of thorough planning and flexibility in Partner Driven's real estate investments.

During the Due Diligence Period, the Buyer shall have the right to conduct, at its sole cost and expense, any and all inspections, examinations, appraisals, surveys, environmental assessments, and other evaluations deemed necessary or appropriate by the Buyer.Financing ContingencyThe Buyer's obligations under the PSA shall be contingent upon obtaining financing in an amount and on terms satisfactory to the Buyer, in the Buyer's sole discretion.

I build outside of city limits in TX.