Tracking deadlines for due diligence, contract extensions, and contingencies can save you from costly mistakes and missed opportunities.

The rest, set aside contingency funds to account for things you think may have been missed, unless its a terrible deal, move on.If the owner doesn't keep Quick books or any other accounting, you won't see a P&L or cash flow statement, so you'll be working off the leases.This is pretty common.  

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

This is a common issue, but having stricter cost control measures or a contingency buffer in place could help on future projects.

We just saw few target properties go from active to contingent/pending status on MLS, it's hard to land on good cash-flow/turn-key property with low inventory nowadays.

In our budget, we have a contingency of 2 months' worth of mortgage and utilities accounted for.We have another LTR thats been a breeze to manage for over 6 years buts its only 2 adults living in it they have really taken of the home for us...Thank you!

If I were you I would go to a local attorney and see if they will collect for you on a contingency basis and you pay the costs of the suit (probably $250).

If you can do it without any contingencies and fast, you might have a shot. 

I have to file an addendum or contingency clause covering it. 

Contingencies 3.