During this time period have the property inspected.... structural, mechanical, pest.

I've worked for a national hard money lender and wholesaler for the past 4 years and am currently seeking to start my own firm here in the Charlotte area.I worked through college as an auto mechanic which pretty much cements the fix-it mentality i have.I was also the operations director at a large outdoor amphitheater for almost 5 years and that has to be one of the most abused pieces of real estate in town.

The problem is by acting as if you really don't have a choice you automatically turn on you resistance mechanism. 6.Your goals must be written.The most important part of the goal setting process is getting your goals out of your head, and onto paper.

I agree - there is usually a "locking mechanism" type thing - try raising the window & snap it out - then look in the channel - there is probably something in the shape of a C or U depending on which way it is turned.....this usually controls the tension rod.....play with that & then make sure they are both locked back in place parallel to each other - then re-insert the window & try it...That in itself may work....

Am I responsible for any mechanics liens or other liens on the property?

Similar to why many commercial loans held by banks have 5 year call options or other mechanisms to reset the interest rate to the market rate.

You might need to use a trigger mechanism.

My Mechanic/Friend who works from the garage in the commercially zoned house he rents pays 995$, but its much smaller and much less "professional" than this place.

This is only something you do locally, and that I assume would be the DFW area for you – max.The rest, such as the paperwork and avoiding usury, is extremely mechanical and can easily be covered by an experienced attorney and mortgage broker, whom you’ll need.

Clean and well maintained but nothing more.With my apartments I explain maintenance versus upgrades to the tenants.There will be no upgrades only repairs to existing appliances,mechanicals,etc.The tenants have to accept it or move elsewhere.I looked at hiring exterminator,contractors,etc.