Personally, I would not write a standard lease cancellation policy into my lease.

@Patrick Philip The standard contract mtg contingencyrequires the buyer to properly pursue the loan and get turned down, not simply just walk away.....I’d refuse to release the EM.  

I would think coming from a third world hell hole where money is worthless their standards would be lower.

Self-managing will also increase your profit. 

She then called the USPS to complain that the mailbox she had was NOT a "standard issue"???.

With prices steadily increasing due to the high demand of homes in Austin proper it is very hard to cash flow.

It can seem a bit complicated at first, but once you have experts working for you they take care of all the complex parts.Bonus depreciation had some great changes, namely the increase to 100% and that used property now qualifies!

They are looking to close quickly. does anybody have any tips to increase my chances of success on purchasing this house? 

CA isn't exactly the most relaxed construction / demolition atmosphere.Consider the cost to fix vs. the increased value you will have with an operating pool. 

Keith,Northern Nevada has been booming lately due to low cost of living (which has been steadily increasing), taxes and businesses coming to town.