If you have any specific questions feel free to message me.

You could sue for specific performance if the seller violates the contract, but as @Jay Hinrichs stated, it could be costly to get courts and lawyers involved.

I've heard about the 750 hour rule but I've never seen anyone link to the IRS publication specifically requiring that for an investor.

If its an auction dot com on line auction and not a trustee sale then no you have to close then sell. cant assign contracts with those folks. this specifically keeps the wholesalers at bey and allows investors a chance to go direct with out those pesky daisy chain deals.Most cant do a 15 day close either.. unless they are pro's IE have the cash in the bank and know how to do their own title searchs or have a premier account with thier title company that will fast track and do a clsoing in 3 days or so..

I specifically prohibit any business type usage of any of our rentals.

If you have specific questions about property management, I'll be happy to help!

If you are outside your due diligence period, though unlikely they can sue for specific performance.

Maybe I'm getting too specific in the information I want to decide whether a house is a deal or not. 

To be more specific looking for another townhouse close to my other one.

Main focus at this point is to soak in as much as I can on the topic of RE investing, specifically multi family while at the same time connecting with as many investors as possible.