We cannot fund the entire deal ourselves because we do not want to lock up our money.

If I were a betting man, I’d guess that opex would be closer to 50% given a lot of expenses are fixed (lock change, carpet cleaning, owner paid utilities, appliance repair, just to name a few) regardless of a unit renting for $500/month or $800/month.

@Eileen MurrayI think this Attorney is going to claim Breach of Contract.Although the Seller to this day cannot deliver Marketable Title 8 months after the Contract Signing due to ongoing litigation with his step sister, Kevin is seeking to buy another property because of the Interest Rate spike.He originally locked in 8 months ago at 3.875% 30 year fixed, 1.2 Million Loan.

If you think interest rates will rise 3-4 times over the next 12 months I can see the logic in locking in your “cheap debt” on a good property. 3.)

If you are using a GC for the project, bring them out to the house before locking up the property so they can confirm rehab #s.

The price is locked in at $85,000. 

I'd typically just send them another year long lease, running from April 2018 to April 2019 to sign with all their names on it, but then that'd lock Person C into staying all year. 

I opened the jar and found 3 loose diamonds, two diamond ear rings, a sapphire ring, and a gold ring.

The current lease also says the tenants have the right to renew the lease for another year with it's current terms and rent rates, locking me in for another year on these rates.

The other unit was renting at $1,500 a month (fair market) and he lowered it to $1,200 for the new tenants, and those rates are locked in for potentially 2 years if they renew their lease.