If not the business is losing money.

The easy and preferred answer is to tell the truth.The more difficult answer comes from figuring out if you lose more by telling the truth or by lying.

Filing a lawsuit when you are the person in default would absolutely guarantee a counter suit for abuse of process, which it sounds like you would likely lose.

You would lose out on some of the tax advantages, but then also wouldn't be paying property taxes and insurance on two residences that aren't being used for investment purposes. 

May your open heart overflow into your new ventures.

Alot of new people are going into this to be a wholesaler but dont understand the basics of being a real estate investor and are losing and leaving alot of money on the table.

I think you would lose a lot of users.Mark

We are hoping to make this a crucial learning experience, so whether we succeed, fail, lose, or gain, at least we took action.

You can have a great property that cash flows, has good tenants and overall a good investment. 3 blocks away, you can lose your shirt.

I had to call him back several days later after losing sleep over it and let him know I could not in good conscience keep the pricing structure Brian offered, and Brian was not interested in having his name on the contract.