You are going to most likely have a stranger hang on to several hundred thousand of your dollars.

If I would have paid more, I would have bid more)They made a mistake and thought it was a different property (there are several with the same roadname but not the same Parcel - and this was professional who was bidding on several properties)Can anyone clue me in to what the heck is goin on here? 

In todays environment with higher interest rates there are less buyers in the market than a few years ago so waiting several years until rates drop to a more palatable range could lead to much higher returns.

I ran into this several times. 

Wayne, I thought the same thing but I've read this several times and this contract doesn't have any language stating assignments.Thanks for the comment.

Yes it can take several months to evict.

I became Real Estate Agent to learn several Real Estate Investment Strategies, if anyone wants to connect lets make a Small Group to discuss ideas, deals and help each other.

Recently, we had an issue where a mid-term tenant moved in and only raised concerns about the property several days after arrival.

Quote from @Sarah Rosko: We manage several medium-term rentals as well and typically operate with a 30-day minimum stay.

They'll want all the normal stuff; bank account info, LES for several months, hard credit check, etc.