Due to the extended list of improper and outdated wiring mentioned in #10, we need an exact quote on how much it will cost to repair all electrical issues throughout the premises.6-Must install all appropriate carbon monoxide/smoke detectors as needed all throughout the living area space; including basement, stairwells and other living areas. 

It's a Catch-22 of sellers becoming more desperate to unload their listings, but investors risking extended vacancies until Spring.

Extend that loan out as long as they’ll allow ! 

The most important things an owner/rehabbed can do to protect themselves are:Hire legit contractorsPay attention to any notices you receive from subs/suppliers.Require lien releases from subs and suppliers who have filed notices, with each progress payment, and talk to them direct.File your Notice Of Commencement as required.....if you don’t do this you extend the time periods specified in the lien laws process.Do some educational reading, FL Statutes chapter 713

If the market crashes the day after you finish your rehab, would you be willing to take a loss on the property, could it make sense as a rental, could you hold it for an extended period of time or move into it should you not be able to sell it or rent it out?

I went back and offered the same 240k, with the offer extended to a week, and the p&s extended out a good amount of time.

When I realized what happened, I called customer service and humbly inquired about whether they would be willing to extend the 0% interest promotion once more given my stellar payment history with the bank.

I use a similar strategy to @Jon Crosby, however recently moved to Allstate as they released a policy that extends your personal homeowners policy to your investment properties. 

I am in the process of getting it extended

ABC contracting is running 5 jobs  , extending credit on the belief he will get paid .