Now the wholesaler is asking to push settlement all the way to February 27th.Here are the deal details:Property: Townhome in MD a decent but not exceptional marketPurchase price: $222,500Estimated repairs: $18k- 25kPaying cashTarget rent: $2,500/monthExpected cash-on-cash return: ~8.5%Estimated monthly cash flow (after expenses): ~$1,700My main concern is that the seller might be dragging his feet, and I’m now sitting on a property that may not close for four months — with $10k already tied up as “non-refundable.”Would it make sense to ask for a contract revision stating that if I want to cancel before the new closing date, my earnest money would be refunded?

Not sure who would ask that or who would donate to your cause other than direct family or very close friends..

@Jesse PaxtonThe Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

So I have a co-living insurance policy at replacement cost with rental loss coverage - Steadily only works when its 4 bedrooms or less and they really don't want it (usually causes non-renewals).

I now support directly with time (we volunteer quite a bit for women/children and veteran causes) and support $ debt buy-offs like school lunches and medical debt and being the Quartermaster (treasurer) of my VFW post I get to help lead our local veteran relief efforts. 

@Zachary Overstreet The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

In 2008, I was very concerned that, despite my earlier research, it was not a good time to invest.

A similar concern was raised last week at BPCon. 

Quote from @Nina Diehl: Typically this is something on the landlord unless there is something in the lease that states putting anything other than toilet paper down the toilet that causes an issue will be on the tenant.

Then when they get down to the last few properties or have lower inventory then they "fire sale" them out causing the market to take an immediate down price.As I mentioned to my investors multiple times last year and this year stay away from New construction or New builds in smaller towns or as the last few phases are being built if at all possible unless you are building your own multifamily 2-4 unit rentals.