I credit that to having a slick hard many coats of enamel paint AND I did cure the source of excess moisture needless to say.

The only thing I can add that no one else has mentioned is to point out your alarming willingness to delay giving the cure notice until after October rent is paid.

Finally by the middle of December we completed the dig and within a few days had a basement in place.As you can see we had to cover the footings with hay to keep the frost out and allow the concrete to cure without freezing before we set the forms for the walls.A few words about financing: we bought the lot cash and had a construction loan set up to finance the build.

The seller will have to cure at some point but the contract will expire and your earnest money will be refunded. 

In the memorandum give them two options to cure the issue:1.

I tried to lay it on thick, took a week to cure!

When you're done and it has cured, add some good wax and your floor will look like you have a new finish.

Please note that I am not an attorney.1) Cure or quit for non-monetary charges.

I think it might be possible for an OOS investers to succeed in the space IF theywere willing to UP FRONT, spend some money fixing up the units and curing the plumbing and window problems that are endemic to the property class ANDfind a small local property management company who has a good respectful customer service person on the phones, and visits the property on a regular basis, andis willing to put in place payment policies that discourage unit churning without allowing late payers with incurable problems to linger.It will be hard for an OOS investor-- It will be a tall order to find a property management company that will work in this manner and difficult to long distance tweak policies until they're juuussssst right.

And when it comes to buy and hold, time cures all mistakes.