Read section 21 of the CA Residential Purchase Agreement (assuming you transacting on this document).I've not been through mediation or arbitration myself, but if the buyer removed all contingencies when he submitted the offer, then cancelled, AND you suffered actual damages (a subsequently reduced sale price), your case seems pretty iron-clad to me.I believe you can enter mediation and arbitration without a lawyer, so I say go for it!

So you would include a "contemporaneous closing" requirement in each contract... tying the two transactions together with respect to timing.

Being from a title state brings some comfort to my transactions.

A copy of a current license for a transient public lodging establishment with the Florida Department of Business and Professional Regulation (DBPR License).

Your money will be wired to the title company handling the transaction, and ONLY to the title company (after you verified their wire instructions).

In order to obtain the necessary permits, the owner must also file an affidavit with the local inspection department attesting that s/he is the owner of the property, that s/he will personally superintend and manage all aspects of the construction and will not delegate that duty to any unlicensed person, and the owner must be personally present for all inspections.

I've financed all sorts of ways and this was a fairly smooth transaction.

Currently the plans are under review from the city building and safety department.

As its been discussed on BP, if you know how to handle a real estate transaction AND have the time, then you probably don't need an agent. 

By that, I mean, a realtor group that deals with the transaction side, will help oversee projects/contractors during flips, help be boots on the ground, and also help manage the property?