Later on, we also provided a JV loan recorded in 2nd position to help cover unforeseen costs, as well the extension delays and city ordinance requirements due to the location and the "historical" setting the city wanted to keep.

Furnace, water-heater, washer dryer all were unforeseen issues.

Unfortunately went through a divorce as soon as I purchased the property and had a lot of other first timer issues that were unforeseen on my behalf.

You seem very motivated to get going, so at a very minimum, I would reserve some cash in case of unforeseen issues that inevitably pop up when it’s least convenient.

If you are not, be sure to include a clause that allows you to collect extra if you have a large unforeseen snow removal issue or if certain costs such as insurance or taxes increase above a certain percentage.A great book about commercial property in general is Brian Burke’s Crushing It In Commercial Real Estate.

Cleared to close.2) They do notice, and ask you to document your unforeseen circumstance.

In case of an unforeseen issue where I have not sold the house after 6 months, I will have a backup payment plan in place that will pay them back over the next 2-3 years.I'm curious to see what others think.  

I think the fact that the other taxpayers needed private letter rulings (PLR") to confirm a second child can be considered an "unforeseen circumstance" for purposes of this partial exclusion says a lot.

Due to unforeseen circumstances I’m having to put $120,000 in repairs into a newly purchased Duplex.

Do I need to add anything in the lease to protect myself if for some unforeseen reason the new tenants don’t get along well?!