I'd still offer slightly lower, but here is my financial situation:-Currently paying $1600/mo on my personal home-I have $12k in cash, $8k in taxable investment accounts I can liquidate, I also have ~$30k in an Roth IRA.

Bank is going to look at your liquidity and income too, so I'm not sure they will give the loan without the cash guy unless its a pretty attractive LTV.

Liquidity Risk.

I don't meet the net worth requirement or liquidity.

Turned out we used a pesticide company who sprayed and told us we can go in and work there the next day.

@Terrence Williams they’ll want to see a net worth equal to the value of the building, 20-25% down money and anywhere between 6-9 months liquidity to cover rents if you were to lose all tenants.  

CA real estate value is almost at a top it might move up a notch or two or just stay put before the trough ......If the ROI is less than 12-15% an equity manager will tell you staying with something liquid and headache free.

All parties agree that termination of this agreement without prior notice before December 2019 will constitute breach of the tenancy as agree on Page 1, and all security deposits shall be forfeited in favor of the Owner as full Liquidated damages at Owner's option following termination without notice"So.. what are my options?

Unless Amazon moves into the RE market, and starts stacking shipping containers, renting them to millenials as studio apts, and undercutting me on price, I'm going to be good. 3) On the other hand, if liquidity dries up nationwide, as it did in 2007-9, I suppose the worst case scenario is that my bank doesn't want to refinance a few of my 5/20 year/am term loans.

Keep it liquid.