It’s also not as cost effective to just upgrade one unit when it’s vacant because then you lose economies of scale and in the instance of materials things may not be available over an extended period of time and you may end up with mismatched windows or something.

@Jason Sung There is actually no statutory holding period.

The options I purchased were all for 12 months or less, and I recorded them to put on notice anyone , especially a title company, thinking of purchasing the property during my option period.  

She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.

Work out the lender to extend until you do. 

In a down market, sellers may be more willing to negotiate: Longer Escrow Periods: Provide buyers with more time to secure financing or sell another property.

She’s just a good person, period, and anyone she works with will benefit from her expertise.If you’re considering investing in Cleveland or need help with an out-of-state property, do yourself a favor and contact Melissa.

If I can get 2/3 of the purchase price on a hard money loan, I should be able to leverage 100% financing after the seasoning period. 

If I understand you correctly, they can't even access their food or clothing, so this will be a big impact on them for a period of time.

I won't be charging him any rent, he will just pay for the utilities used for that period.