I have walked away from deals after inspection and given the report to the seller in agreement of them releasing me from contract quickly and returning Ernest money. 

“Real estate is most predictable”… if that was the case then people wouldn’t need to be on BP they would was rich as Warren buffet and running blackrock.Anyone could have made $ in real estate last five - ten years, let’s see how people do the next ten.Google Median Listing Price per Square Feet in the United States About your comment of 10 years: I am 100% sure 10 years from now winter would be December and in winter most people celebrate Christmast and they are not looking for houses.People usually buying home in Feb->March becoz they want their W2 for prev. year to be completed, and applied for pre-approval in lender in January.The seasonality has been there for 100 years LOL 

Where there are opportunities to “score big” on a property, celebrate a small win.

If you would have "opted out" during the option period stated in the contract (Again, that is how the process works in Texas), you would have received your earnest money deposit back, but would have taken about 30 days (a release is usually signed by both parties for it to be released).

You should not be discussing someones credit/background with someone else unless you have a written release from the applicant.

The safe harbor the IRS released is one of the worst steps they could have taken I think. 

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How do you plan on celebrating your "retirement" from the corporate world?

My friend, The Mad Fientist (guest on  BiggerPockets Money Episode 18) is a huge fan of legal tax avoidance.His accountant asked for a tshirt from him, and in exchange, he got an article about "the most exciting new tax break to be released in decades."

Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements.