If what you say is true I'd:A) Hire a lawyer who will likely get a notarized letter from the inspector stating there was no damage as well as scare the heck out of the realtor and potential buyerB) Report the buyer's realtor here: http://www.dre.ca.gov/Consumers/FileComplaint.htmlIf you want to back out of the contract I'd speak with the lawyer first.

I know investors who do well with it but you better be ready because its management intense. 

And I am not ready to venture into MFH yet.

@Skyler MartinsonMy property so far has had negative cash flow.I had a four month vacancy last year, it took about a month to get contractors into the house to get it rent ready (just fresh paint and minor fixes), another month to get it actually listed on the usual websites where people look for rental properties and then it took the remaining two months to get the property approved by HUD.

These are people who share motivational characteristics of people ready to sell, but haven't yet done all the work they think they need to list property. 

These are people who haven't done the work to put their house on the market but share characteristics with people ready to sell.You want a list of people who aren’t in every other investor’s sites.

The agent mentioned there was another Fannie Mae property down the street they were getting ready to list, but he hadn't seen it yet.

@William Thorn just happened to me 10 days ago, 3 days before I was ready to close on a piece of apartment land the neighbor filed a lis pendes and law suit claiming adverse possession rights.

Once you’re ready I know a very good Commercial Broker that I highly recommend

I would like to get a first deal moving foward in the coming fall witch gives me 6 months to get organise and ready for such an endeavor.