In my opinion- If you are outside of the due diligence period and the seller has committed to repair all of the damage and replace everything that has been stolen from the property then the seller has the right to keep your EMD. 

The plan is to Refinance after a year, applying what is pulled out, back to the mostgage to pay it off as quick as posble.

PM's I have vetted so far: Solid Rock (Tina) said they do not accept properties build before 2000 at this time. 

I believe that will be a paint point for you and may be better to simply buy a recently constructed building where there's less risk and far less time involved.

I see this all the time with busy business folks.

They have called me back a couple of times asking me if the property was still available because they might need to come back.

When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.

There are way to many PM's not getting properties rented and they are staying vacant, there is also way to many rentals being rented less than market rent to get a "quick tenant" causing investors to lose money, you will also need that PM to be completely productive and quick to the applicants and also not trying to incentivize off of your property needing repairs.

So, take the time to understand the market, set clear goals, and embark on your real estate investment journey with confidence and a well-informed strategy.If out of state investing is something you are considering, I'd be happy to connect and share the Kansas City market and insight on turnkey properties.Wishing you great success as you set off on this journey!

I usually avoid such youtubers but I am also seeing there are lot of houses sitting in the market for a very long time and the builders inventory is also rising and at some point, they will have reduce the pricess massively. .