If you do choose to do yourself be sure to check codes as some things you can’t legally do yourself with a rental property.

Sorry NOT legal.

You can likely find the form for your state by using your state name and real estate legal forms in the search criteria in Google. 

When the DD period ends and you go hard with your money, either you close, default or you have some legal claim to rescind.If the seller is dumb enough to give you more than that, congrats.

There are a number of legal ways to deal with this situation and they all have the potential to benefit you.  

Should we pursue legal actions to get our money back if he dont give us the title?. 

So if you're investing in multiple deals, you'll need to gain some understanding of the markets, review sponsor track records, verify their financials projections make sense and that they're using reasonable assumptions, make sure the fees aren't excessive (fees vary for each deal).

From what I understand of Opportunity Zone Funds, you can invest ANY capital gains into it not just ones from real estate.

I do listen to excellent podcasts on Bigger Pockets and am currently in process of doing my second "buy and hold" deal most probably in Jacksonville FL.To all my knowledgeable friends here,  I want to say you do a  "Great Job" teaching others (through discussions) so that Real estate becomes a joyful adventure where newbie investors like me can gain from superb advice !!

The units are not in a LLC/legal entity and are in an urban area (C+ to B-) area.thanks,