I think it really depends on the condition of your property, how likely you are to be replacing tenants, and how able you are to find contractors in times of need.

Selling at break even or a loss should not be an option that is acceptable to an investor at any and every point in time during the life of an investment, from the day after you close escrow to the day after you finish rehab to after 10+ years of holding.

A ruling in your favour will create a serious road block in their lives, especially for her, and the likely hood is that at some point in time, if they want to have a normal life, they will contact you to settle.You could have prevented the damage at several points in the lease but allowed your hobby landlord attitude to interfere.

The initial closing was supposed to happen 5/1, we have just received the request to extend the contract but worried we may not find the financing in time, considering not resigning the contract.Where's the help for newbies during this time?

If you could go back in time, what advice would you give yourself before you bought your first property?

I feel very thick-headed right now about REI, but I'm sure that will pass in time.

You see i can't actually make it out to Cincinnati from NYC in time and I'm working with a new realtor that I seem to trust, but have never closed a deal with yet.

Your presence here on this forum enriches us all.Thank you for sharing intimate details of your life with us.It was unnecessary, but you did it willingly in the spiritof offering to help others.Thank You.

If you wouldn’t fins a buyer in time you will either loose your 10%deposit or will have to come up with cash to buy that property. 

However if they don't move out in time or damage the place you could be on the hook.