Your offer will be stronger without these contingencies, but they can protect you.

When I evaluate a market, I look at it's economic base for future growth (i.e. industries, military, tourism) - obviously, the potential for strong future growth will usually translate into stronger demand for real estate...I also look RE growth potential contrasted to what has inhibited past growth - for example, it the community land locked, controlled by environmental regs, lack of water, etc...

When doing 1sts, you have a stronger position liquidating through the property as opposed to a 2nd mortgage, but I almost always prefer exiting through the borrower because I'd rather rehab the paper over the house, although I've done both."

Now it's true that the travel cost will be higher but there are ways around that.The reason I say this is, I know there are other parts of the US with much stronger economic growth than the mid-Atlantic, and those will be better places for investment.You didn't say what you plan to do with your properties but that would be really helpful to know.

That which does not kill you makes you stronger.

When you're new, I've felt that one of the greatest assets I can have is by demonstrating competence in what I know so far, but also to be humble in admitting I don't know everything, I'm getting stronger because of my mistakes, and I'm open to any and all insight to help make the most effective and efficient decisions possible.

A multi-member LLC is generally a stronger asset protection vehicle than an S-Corp.

Grow stronger for the next remodel.

I also have a 12 unit doing really well at 24600 Euclid Ave. in Euclid near brand new Amazon Fulfillment Center and a 24 unit in Akron doing very well too.Feel free to reach out to me anytime.Swanny  That's right man, you live and you learn.Glad to see you growing the portfolio with stronger properties, Mentor will be a good one to hold.

They want to make sure they will be paid back, and if they're not, that they come out in the stronger position between the two of you.