@Ryan Biankowski That amount of money in cash could serve as the down payment on a potential flip.

He seemed willing to do whatever to get the unit, putting up all the money for a year and extra security deposit, but he did sound a little "car salesman" so that didn't work in his favor.  

I used Avalon Capital's 100% purchase & 100% Rehab hard money loan to close the deal in 9 days!

Hard Money How did you add value to the deal?

If you took 8 months, she could easily turn around and demand her money back When you say no, she takes you to court.

We refunded money to buyer out of courtesy, since we had NO CLUE of these new FEMA NO RISE building requirements implemented in 2023.

Also, with the investment, is there a monthly ROI or is the money simply held in the syndication?

I warn all tenants who give me whatever story on why rent is late or going to be late, that they will be getting a POQ notice on the 3rd day and a late fee on the 5th, I don't care if it's because their employer burned down or thieves stole all their money or their grandma needed an emergency appendectomy.

It’s easier than hiring a company to take all of your money

@Josh Kliethermes most likely you either can try to retain the earnest money (emd) or you might be able to hire an attorney to sue for specific performance.