I will admit that the process was a little bit more complicated than what I had first anticipated, but over all it went pretty smoothly.  

After all that excitement and anticipation I got ZERO calls.

I've been inspired by the most recent podcast to give a quick property update:  Current Occupancy:  98% (was 100 but 98 is probably a good consistent rate)rents are now up to 495 for a 2 bed and 595 for a 3 bedroom... water has now been passed on to almost all of the tenants and will be complete here in a few months when the last remaining leases are renewed.Turnover costs were higher than anticipated as we had approximately 40 people move out so that absorbed all of the cash flow.  

If it's a $30k duplex with 1br per side that rents for $300 apiece, the maintenance/capex/turnover will overwhelm any long term cash flow you'd anticipate.  

Based on our anticipated offer being approved our numbers will work for us where we are comfortable, however, there are a few outstanding expenses that we foresee (prior to our legitimate inspection).

Nevertheless, the path of least resistance will likely turnout to be rockier than we have anticipated and prepared for.

I m not anticipating any appreciation, plainly cash flow.

Lots of people have already hit the Van Dyke corridor anticipating, but we are waiting because I believe there will be inventory regardless, and money to be made.I have lots of friends, and none of them when I am out for dinner or drinks say "I'm saving up to move to Warren".

Thank you for your anticipated help.

Is there any potential trick or risk which we didn't anticipate if we accept this addendum?