Once it enters the extended period you are able to bid on it as an investor who will not be living in it for a year minimum.

The project is expected to cost around $2s Million.[10]JE Dunn Proposed 20 Story Office/Retail Building- Kansas City developer has proposed plans to build a 20-story, 250,000 SqFt tower on East Broadway between Scott and Sixth Ave.[11] Extension of Aviation Parkway Approved- The decade old plan to extend Aviation Parkway around Downtown and connect with I-10 has been approved.

Most of the attorney "hand crafted" leases I see don't even come close to the depth and extend and must have cost a few bucks to create. 

@Dan RomaA CPA is recommended but not required.A couple of talking points - You need to apply for a corporation to have S-Corp status.S-corps tax returns are due 3/15 with the possibility of it being extended to 9/15.You may want to look into creating an LLC that is taxed as an S-corp.

Question is would a lender / underwriter be more understanding of extending a loan with a good interest rate in reviewing my past credit history?  

So they want to extend the lease but let it be vacant for a few months.

@Tanya Lechner thank you so much for extending a hand, if you don't mind would you please PM me with the details so we can coordinate something? 

My instincts are telling me that they may be running a make shift laundromat for their extended family.

.- So I'm $9K into the property, but at $500/mo cashflow it will take only 18 months to recoup my money (in a perfect world scenario where no other expenses occur and no reserves) - which is the exact length of my Lease-Option period with an option to extend for an additional 6 months if needed for another $1,000 Option Fee.- Further, I use FREE-OPM... 

You should have extended closing until the issue was resolved.Actually, the first lesson is that you shouldn't buy property in California but I'll skip that.The second lesson is that you shouldn't ask friends for advice unless your friend happens to be an attorney with experience in residential rentals and the California eviction process.The third lesson is that you should get a new attorney, preferably one that specializes in evictions.