and next how would the rent you lose out on by not renting it out compare to what it would cost you to live somewhere else?  

@Dan Handford, in my experience legal fees tend to become hefty when there is another general partner/issuer level entity joint venturing and that JV agreement has to be laboriously drafted because the syndicator and the separate entity both require control, but are unable or unwilling to partner within the same management company of the syndicate.

As I’m learning more and more about the process and hearing other insights, I am losing interest.

Give them room to fail without the risk of losing their job.

He can lose the EMD also.So the question remains what does the contract say about keeping the EMD if the buyer does not perform? 

I'm sure it's not an easy venture to get into and start.

That's a lot of inventory to lose year over year.

It seems like I'm always a day late to most parties and just don't want to jump into a new career/venture only to find in the next 10 years, all my investments are diluted due to the increase in inventory. 

Anything that you cannot prove was caused by tenant, let it go. if they take you to court you will most likely lose. any rehab costs should have been considered in your acquisition price.

You could lose your buyer by allowing the tenants to leave.