We have done some preliminary research about the landscape and different neighborhoods, and are planning a visit early 2016 to experience the city first hand and look at potential properties.

It seems like both parties would want to know up front the terms of the purchase agreement regardless of whether or not it gets signed right away or a year later when the option is exercised.Marc:If you have terms and conditions you want to pre-negotiate, you could lay the out in the option contact ... or include a preliminary APS as a suffix to the option contract.  

Follow some reasonable screening processes, get a decent lease, and collect all your preliminary money up front - no letting them pay on the deposit over time, etc.

Preliminary info has the asking price at 439.9K, so after the viewing I will need some help from the more experienced members on working the numbers for a flip or a rental.

You would be surprised how often people's "basic liberties" are impinged by a preliminary injunction or preliminary order.

I did a preliminary inspection on my last property, and then had it inspected by a pro.  

I think development is takes too long with pre-submit tall conference, preliminary plat process and engineering to be considered BRRRR.

There are a few successful job-quitting stories, which you can find on the forums, but I'd wager there a hundreds of unposted horror stories of those who quit their job, only to find themselves far worse off, but nobody posts that!

I would think by now, you'd know the Exact reason the preliminary review resulted in an Initial approval, but complete reviews now are resulting in a Denial. 

You will see which one the seller's title company is using on the preliminary report.Unless I suspect weird issues like easement problems, I usually advise clients to save their money and go with the bank's recommended agency.Of course, New Jersey may be different than Utah.