One thing I noticed is that it looks like you allow smoking indoors, since you have not highlighted "smoking forbidden". 

1. attorney and realtor here. seller should keep the deposit here bc buyer breached contract (assuming there was no home sale contingency in the contract, which it sounds like there wasn't). 2. it'll be hard to go after buyer agent for damages bc seller would have to prove that buyer agent knowingly withheld info. honestly, just keep buyer's deposit and re-list (the deposit is essentially "liquidated damages" which are damages everyone agrees to upfront to avoid costly fighting when sh*t goes down).3. definitely seller agent should have closely reviewed buyer's preapproval/POF. when i represent sellers, i even call the buyer's lender to discuss their offer (i do this before my seller accepts the offer). that typically ferrets out any problems my seller should be aware of as far as buyer's financing is concerned. honestly, i think if the listing agent had vetted the preapproval and/or called buyer's lender, you'd have avoided this situation completely.4. to protect yourself going forward, make sure you always review buyer's preapproval/POF. preapprovals give so much info to sellers, like what type of loan buyer is using (for instance, FHA should make your spidey senses tingle bc you're being put on notice that buyer does not have a bunch of cash available for the deal, so you'll likely get squeezed for some $$$ during the inspection period). preapprovals will also note whether there are contingencies that need to be taken care of before buyer can close (like a home sale contingency). i'm big on picking up the phone and calling buyer's lender before having my sellers accept an offer. that might be something to ask of your agent moving forward as well.

I’ve noticed that for many of my clients, the funding challenge often isn’t just about access to capital, it’s about having a strong and professional investor-facing presence.Once that’s in place, lenders and partners tend to take them more seriously, which often makes the rest of the process move faster.

If so, what challenges or benefits did you notice compared to active real estate investing?

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

My notice explicits indicates no occupancy upper (no new bedrooms), no new bathrooms, no new kitchen.  

Quote from @Zarresha Carr: @Michael Smythe That’s a great point, Michael — I’ve noticed a lot of people using zip codes when discussing Detroit investing, but I can definitely see how that could be misleading compared to neighborhood or block-by-block analysis.

, but I’ve noticed a pattern—sometimes we pass on deals with incredible appreciation potential, tax benefits, or value-add upside simply because they don’t meet our $200/month cash flow threshold.Here’s the dilemma:✅ Cash flow pays the bills today—but often comes with higher-risk areas, more tenant turnover, and slower appreciation.💼 Equity growth/appreciation-focused deals may bleed cash early on but can 10x your net worth over time if managed well.My question to the community:How do YOU decide between short-term cash flow and long-term wealth plays?

Here I notice there is a big difference between east and west valley agents.

I’ve been looking at duplexes lately and noticed exactly what you said — the numbers often don’t add up, especially in the better areas.That’s a great point about single-family homes.