I would say hire a lawyer if you want to see if you can get out of the agreement and how bad your situation is.

Talk to an entity attorney though and they can guide you on best entity to choose after you explain your situation.

The situation he is in is a mess where he does not want to sell because he keep getting low ball offers and he'll lose money selling with an investor he told me.

New cranes in the air will probably not help the current rent situation from a landlord-perspective, as more competition comes (however, this usually comes along with more upscale tenants now exposed to the area). 

Your situation may be different from mine where you may or may not be able to househack like what I'm doing, but I found that I was able to find a lot more properties to work with once I shifted my focus from trying to make money on my first deal to gaining experience.     

I wouldn't know to cry or laugh in your situation.

Situations like this are the reason small claims court exists.All investors must understand that trust is not a part of doing business.

Until then, we'll just keep on making money on it.I'm in a different situation than @Omar Khan, in a completely different part of the USA.

Every state and county is very different with their tenant protections, so I think it would be wise to call your local sheriff and let them know your situation.

If it's determined that you are not a tax resident of Canada you would be able to benefit from the lower US tax rates and additional tax benefits such as the use of 1031 exchange, and accelerated depreciation.If you would like to discuss your situation in a bit more detail feel free to reach out to me directly, I may be of assistance.Thanks, Elliott