If you don't incur the cost that you allotted for, more profit in your pocket!

There was an "overage" amount alloted.  

The option fee provides you a few thousand dollars upfront and the tenant is responsible for securing financing within the allotted time. 

And many would only buy assuming only 50%, to allot something for property management should it be needed down the road.

Tenants can pay more than they are alloted, so long as rents don't exceed 33% of thier monthly income.

I also follow Dave's advise allot. key thing he says allot is to not buy a new car and not to buy a car you cant easily pay cash for unless you have hit that level of financial independence (no debt, substantial savings, etc). its simply a depreciating asset and a one of the worst investments we can make that should be kept to the smallest amount that is reasonable such as a 10k vehicle.  

That will teach you rules nd regulations, not allot about investing, but it is very helpful if you want to be a long term investor. 

Cost: $7,000As rehab is completed, the bank allots funds into account for us to withdraw and pay contractors/materialsHas anyone had a similar deal or worked something out with a bank that has helped them out in the past?

If an owner is allotted 5 days to paint, but takes 8, that creates a domino effect for the remainder of the entire project, and can delay completion by upwards of 2-3 weeks (most crews in our market are booked for the next 2-3 weeks at any given point). 

If the tenant, within the allotted notice time frame, corrects the lease violation this terminates the landlords ability to continue with the eviction.