My current role invovles analyzing loan profitability, assesing portfolio risk and designing new process/methodology to maximize profits for my employer. i work scpecifically with mortgages, so i have seen and gain a deep understanding on how a mortgage work and the profits behind them. that said, it made me realize that if i couldn't be a lender i could probably an investor or whosaler to maximize my cash flow. i plan to be financial independant by the time i am 45. i am now 32, so i only have 13 years left the clock is thicking!

In none of these cases has the IRS exercised its right to redeem.  

I would say that the most important role I have as a passive investor is doing a gut check on who I am investing in (for me that includes background checks, phone calls with the Managers, and in-person meetings with the Managers).

BUT you want to help support them and their business as much as you can and so you will be looking for a long-term tenant to take their place and if so, you will be exercising your own 60 day notice to vacate.

Many times the competing units in the area will lack that attractive detail, which can stick in the minds of prospective tenants and create a slight competitive advantage.I'd recommend exercising your own intuition to find the renovations most suited to each property and area.  

I get a good night's sleep, wake up early, exercise for 15-20 minutes (gets the brain working), then casually review the material before the test.Don't sweat it.

So, even if it first goes into escrow, it needs to be released to the seller and cleared thru his/her account in order for it to also count as a down payment, if and when the buyer exercises the option.  

Agrred, they have an option and they either exercise it, or they don't.  

@Ryan McElroy PMs don't exercise leadership.

As well as a shoddy rent role for the kids.