If it is in there then I believe they can request the lease be terminated NOTE: I AM NOT A LAWYER AND YOU MAY WANT TO SEEK ONE.Your best bet would be to call the President and let him know that look, I screwed up and I apologize that I did not do this, but can we get the lease approved. 

This option intrigues because I have heard a few people on the podcasts say that they have rented to buy I just feel like the other one is probably the safer bet. 

I bet the guy who invested in CA 5 years ago is doing way better than the guy who invested elsewhere 5 years ago - even if h produced more "cash flow" at first.

My best bet might be to write the contract and assign it to someone.

As your quote above says, because there is more demand for that "Safer property" it gets bid up to a higher price = lower cap rate.Here is where many that formally trained in real estate but are not as familiar with creative deal making miss an important point.

Sometimes agreeing to a higher purchase price, with seller paying you after closing (most banks won't allow this)Seller financingHonestly the personal loan is probably your best bet, are you flipping this deal to an investor?  

It's can also safer to diversify your investment properties across the country.

Willing to bet as a private lender you'll have little problem making friends on here :)

Hello, I have what might be pretty basic question about a HELOC but I figure I'd post it anyway. In general does it matter who you obtain your credit line through? IE a national bank you have an existing relationship ...

I suspect your vacancy rates will be higher based on section 8 C class property.You should not count on refinancing at 4% based on future expectations and would be safer anticipating rates at 6% or more.