As a contractor, I often come across clients who are taken back by the cost of remodeling, but if you explore the actual material costs in association with the labor, foresight, craftsmanship, taxes and overhead costs of running a legitimate business, they make sense.That said..... 

That $5k payout would have been recovered in a year if they kept us but the carrier seemed to lack any logic or repeat business foresight. 

I see deals every day both on market and off with the potential for substantial returns for those with the foresight, know how, and risk tolerance to take a chance on them.

@Arn Cenedella I couldn’t agree more, know your product, your processes and study your successes and your failures every deal has both and every deal is as good or bad as your actions, and foresight meet the properties financial reality.

I wish I had the foresight to optimize my money when I did my deployments.

I appreciate his foresight and I do think his mindset is he doesn’t want us to go through what we did before.

Good questions I’d be stoked to work with someone who has the foresight to even ask these things.1.

I wish I would have had the foresight to start investing in RE when I first started out in the military vice waiting till I was almost done.  

I applaud the foresight to have a rental agreement, even though you are close personally.I'd do the same for any other financial/"business" moves you make.

If the deal is really good, I would hire an experienced Expediter to submit the Request.It's really very annoying that the Seller did not have the foresight to have this ready when the building was being put up for Sale.I am assuming that you are trying to buy the building as a two Family so you can have rental income?