Usually, this was the result of buying a property under false assumptions- rents projected too high, expenses too low...typical newbie mistakes.

It seems to work best with the lower priced rentals, as the NY Times appears to appeal more to the higher end customer.

It boiled down to each bidder's assumptions, business model and required profit margin I guess.

Any input or advice as to what you would like to see in a listing package (so far for a flat fee of $199.00 the listing goes on MLS, I provide, present, and deliver paperwork/offers in person, meet the customer in person, and provide usage of trust account for earnest money) would be appreciated.

Unless the lender wants to approve an assumption if you were not on it before you will not be on the loan in the future.

I have done 4 rehabs in total and would like to do many more but my hands are tied by the banks.I own a construction company that is licensed and did this specifically for these rehabs (but we also have customers as well)Hard money is too expensive.

They used a custom sized indoor storm window that was a friction fit affair.

Yeah i think what you need to figure out is your cashflow once you rent out the other space for 1200.I know that the condo is price is whats luring you in so much but theres some big points you got to look at like how much is it expected to increase (i find condos don't appreciate as much and "condos" have less customers then conventional homes)Of course i dont know you area and it may be a good chance but if i were from the outside giving you advice, id say try to find a better deal on a SFH or duplex or so.....BUT also another important point to mention would be with the condo, if the condos price is actually a lot more ie 120/130k maybe get it, rent it out for a year (could take care of you living for even less lol) AND will make you some money if you sell it in a year and then take that money as well as money you try and save and then you could get another property thats better for you in the long run.

I suspect they ratified the contract so commish is owed.I bet this just blows over its a small claims matter most likely anyways.. but one can sue for performance I did that last year and won.. my first ever but there was substantial dollars involved.I put up over 30k to pay back tax's and the seller would not sell.. so I sued for performance and won.Now I had to on the date of closing put all my cash into escrow 100% of purchase price and it was a tidy sum.. and it sat there for 18 months while we went through the court process.. the Judge gave the seller every opportunity to defend but she just went completely dark and lived there 2 years for free. but I know thats an extreme deal and most folks ( buyers will not go to this level) and or have the ability to do that since they need a loan to buy.. but there is a lot of cash out there so we can't make that assumption that the buyer does not have cash to come to closing on the close date and make a demand.  

@Wayne Brooks is more than likely correct in his assumptions.