The house is in pre foreclosure and we got the sale date extended for him in order to make it happen.

If not, I extend the lease and keep cash flowing.  

Whereas each apartment would need its own kitchen, living room, etc, hotels typically don't build out a living room or kitchen for each room (with the exception of some extended stay hotels). 

Was going to do it myself but I am over extended time wise on other projects. 

I assume I'd need to put in contingencies for the work to get done and to extend the inspection period.

If the option period had a big rent jump spelled out maybe you reduce that amount of increase to entice the tenant to extend the lease today.

One had financing issues but had enough equity cushion to pay back the loan and accrued interest, one (equity) had the exit extended and preferred return reduced, and another is unable to make some payments due to a fire (they have insurance, of course, which will reimburse them).

I know this, but the seller is a hard head and I don't want to rely on a difficult seller to make my 1031 transaction a success.So my question is, are there any 'force majeure' clauses that kick in to extend the 45 day selection period given there was a natural disaster in the area?  

But tipping tenants either die in place, or rush off to the hospital and then to extended medical rehab, or are compulsive hoarders who decide to simply up and flee their previous life.Landlords just look at all the junk left behind and smell all the stink of years and say, "I can't do this.

I am confident (will verify with PECO of course) that the property has a street-side gas main so there would not need to be costs associated with extending a main.The property has central air, oil heat and oil hot water.