I realize it is important to keep good tenants, but that should not be your only concern IMO.

As the strategist in putting together deals you must concern yourself with 1) end goals of all parties  2) experience and skill of all parties  3) the fears of all parties  4) the emotional condition of all parties 5) The risk acceptance of all parties 6) the comfort level of all parties and 6) your strength of relationship with all parties.

., I'm not too concerned given the overall strength of the tenant, at least on paper.

His concern, and rightfully so was, if the property took too long to sell, what would happen to his funds, would they be forfeit?

Yes, we would absolutely have to sell to an investorI am concerned though,  because I have read that it would be hard to get a loan on a non producing property, so basically we would need a cash buyer...That definitely narrows down our pool of potential buyers..

This is normal for a regular sale but my concern is that the seller is remaining in title.

I have seen some of properties around that look pretty good for now, but I would have concerns about the long term.

With that said, I'm concerned about the property being in a rural area.

My biggest concern is when you say the property is in a rural area. 

It is not an irrational concern -- both buyers and sellers are concerned about crime rates in or around an area that they plan to invest in.