Ive seen this work well, as its not exactly clearly defined how long the IRS wants the holding period.

I didn't stick around to see it sell but I'm betting it went to the plaintiff.Here's a question... if you could successfully line up financing in the period between the sheriff's sale and the confirmation hearing, could you close with bank financing?

It’s not important to do a deal in any particular period of time.

I think he does have a lease with the tenants, but he said the realtor contract is only for the realtor to lock in the client for a specific period.

Quote from @Richie Linnon: I don't recommend small increases over a long period of time because it increases the chance of mistakes, it may still build animosity with the tenant, and the tenant may eventually reach a point where he can no longer afford the increases and he will leave.

Because it shouldn’t require Wi-Fi to let people into the house, so as long as the lock is letting people in, it’s mostly OK to deal withBottom line: in the freezing cold weather, is it simply that you can’t remotely connect for a time period?

The truth is that the rent rates will likely triple during that time and you will earn closer to $4 million of a 28-year period.

I would definitely make it contingent upon walkthrough and have an extended inspection period as well.

If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!

They MAY somehow get lucky and flip one deal for a small profit; or get VERY lucky and hit an area going through rapid price appreciation and be able to leverage that for a short period of time.