For instance if your offer is contingent on a home inspection, financing, and a 30 day close...well then $500 wouldnt come anywhere close to incentivizing the seller against an all cash, no contingencies 10 day close offer.

In what instances would purchasing with a lease option be a good decision?

I just got my Agent's Exam out of the way.I wanted to see if there are any good Blogs or websites that has great information on the Real Estate Industry in general.For instance, Iman News seems to have a lot of interesting articles.

We had 2 instances of late rent this year -- both tenants told us ahead of time, have a multi year history of on-time payment, and were going to be late on rent due to job change. 

For instance, one of my relatives owned a home next to the one I gave as an example.

Through a Facebook ad (hey they work!) I was introduced to a relatively new website called WealthSimple. They're actually an online investment advisor firm aimed at busy millennials. Looks like they invest their clien...

As already stated here, we see that time and time again but I have also seen the exact same instance occur on the realtor.com website.

So in this particular instance I received rents in full two days late.

I would suggest looking at neighborhoods around that area -- for instance, Port Richmond is a NL/F "lite" area a bit north, but rents are up and home prices are not (non-new construction).

For instance, we make it clear to tenants up front that we don't charge for day-to-day wear and tear, including broken dishes, etc.