It's a unique blend of truth, reality and practicality, as well as encouragement, challenge and passion...definitely a love "of the game" and a distinct passion is evident in both your style of writing and the simplistic presentation and flow of the comprehensive content.So far, it's just been...WOW!  

I've always found discipline in the gym and never like working for others- I always felt smarter than the boss. believe I possess a unique view of the world and I cant express my full potential working 9-5 with no challenge.

@Benjamin Nichols Thanks for the welcome, I'm still exploring my options although multi-family would be great if I can make the numbers all work out.

There are people that specialize in unique loan situations and know underwriting inside out so they can give a realistic take on your situation.Good money guys also know other guys who have other money as well for the right situations.

While the deal is attractive, I am exploring ways to get away from the contract as cash is no longer available for this project. 

I know I need to run this like a business, and normally would hold them to the lease, but this is sort of a unique situation as you can tell.  

I don't really know, this is my first attempt at this, and given the unique property, really can't afford to spoil the opportunity. 

While I am licensed to practice law in Ohio and also do a good bit of taxation work, every situation has its own unique set of facts.

First, you and hundreds of other agent are prospecting these people in this situation so you wont be unique to most of these potential sellers.    

Learning about all aspects of investing will help you "explore".A couple books/series to recommend, in addition to many titles you will find by searching other threads in the forums here, include Rich Dad Poor Dad series of books as well as The Millionaire Mind/Millionaire Next Door series of books.