These applicants also weren't price-sensitive.  

The 3rd Deal Purchased 5-2-17: The second deal from my wholesaler was not a time sensitive situation and I was able to wait the 20-35 days to do a normal close with my lender.

Our offer will include Inspection, Due Diligence Periods and other safeguards which will allow you the opportunity to terminate with cause and protect your earnest money.

Generally I consider myself pretty conservative. 2) It's pretty easy to do a sensitivity analysis to see how changes in price and interest rates impact each other.

@Justin SilverioFor non time-sensitive letters, yes.

It seems advantageous to have the potential tenant directly billed and to not have to receive sensitive information such as SSNs.  

Of course lower level tenant can call police but if it's not within the spectrum of the above they will just leave.If you give this tenant notice your setting yourself up to do the same with the next tenant, the lower level people might just be sensitive.. 

I think a big takeaway is that with buy and holds in the current market focusing on cash flow rather than appreciation is a safeguard in the event of a downturn.

Then you have that money you can use on your other better performing opportunities, assuming those other opportunities are not time sensitive. 

I'm currently trying to verify the tenants citizenship status with the current owner, but in the meantime I'm trying to figure out if there are any safeguards I can take.