I know Colorado has been expediting a lot of climate related issues which is impacting home insurance coverage, so maybe just make sure to research that extensively before buying there.

Whether it's the interest rate spread, extensions, terms, or amount of stock needed, we can work something out that fits their needs.I've learned that the balancing test is important.

@JD Martin a long time voice of reason seems to say at least 75% empty.So either you ask for an extension or cancel the deal as I doubt a reasonable seller would take their property off the market that long. 

@Don KonipolSo we have a short term loan with someone and as part of the loan they paid all the interest upfront (12 month loan), loan is maturing and they have extension options (for a fee) - they asked about the extensions and we said it was X amount for the extension and you would also start paying the monthly interest as well.They flipped out and am like what do you mean I have to pay interest ?

I own an MTR/LTR Property Management Company and have done extensive research in the area. 

.) , others not so much (mass mailings, for instance).

I would recommend placing on extension and finding a local CPA with property knowledge. 

Hi Jeroh, how extensive are the repairs needed? 

I'm also looking at states like Michigan, Ohio, Tenn and Alabama if there's any expert out there with extensive knowledge please share it with me I'll greatly appreciate it. 

**Affordability and Quality**: Given the property's affordability and quality, there was no immediate need for the extensive renovations typically involved in the BRRRR strategy.4.