The risk here is that you spend a grand on inspections, appraisal, you have $15k in earnest money tied up and the seller refuses to sign the paperwork to release it back to you, etc, when in reality you shouldn't have been looking at homes that expensive to begin with.

The havoc he is going to release on this neighborhood means nothing to him because he lives in Clinton Twp.  

The units trade out and you have constant lost rents,eviction costs, and they live hard in the units which causes substantial make ready again to release.

Well, I've sold properties with solar panels and think it's worth it, but READ AND UNDERSTAND your lease docs.It does knock down your power bill, even in rainy Portland.However, if you plan on selling, you need to call the panel place and get the release/re-record if the buyer is bring new debt. 

Does anyone have a "Release of Liability" waiver?

I figure if I can't find a property within three months, then I should release the client to pursue properties elsewhere.

Don't forget that you'll be covering all the closing costs, fees, etc etc, and you will likely have to cover a good bit of the rehab yourself up front prior to the HML releasing further funds for the rehab. 

Perhaps, we should release the info to other BPs.

The checks are released after the work is done so the contractors will have to lay out the cash.

If you want him out and he wants out, you can even release him from his current lease early.