I’m not sure if all bank will treat it the same way but I don’t think this is uncommon. 

This is not uncommon in my area that off market properties get contracted to multiple parties, and the original buyer just gets left out to dry.....they don't even really understand what happened.Hopefully it all just runs smoothly and everyone is nice and friendly and cooperative, but we see so many of these deals fall out or one side or the other feels like they got shafted, it's not always a fun place to be without a trusted advisor on your side, looking out for your best interests.

While this is uncommon, it happens (especially in rising rate environments.)

Thus, I recommend checking with your broker frequently and definitely a few times before you close, as it is not uncommon for the final insurance quote at closing to vary (increase) from the prelim quote obtained during your initial diligence process.

Larger properties create economies of scale that can result in higher and more stable cash flow.Returns: It's not uncommon for investors to make a better return being passive than they would have if they took the plunge themselves.Direct access: Unlike traditional investments, passive real estate investment offers direct communication with the people responsible for the performance of your investment and the properties themselves.Tax benefits: Investors can receive the same tax advantages that come with ownership of real estate, such as depreciation.

Not uncommon to see properties 20-25 years delinquent for some reason.This is not as common in other places.

If so it's not uncommon in the similar homes I've owned in FL.

@Carrie GiordanoThere is no way around original signature but your situation is not uncommon and easily doableOnce your bid is accepted , your agent can print out and sign the agreement and overnight it to you and you will sign and overnight to the asset manager.Your agent can call or email the asset manager if y'all need an extra and they are usuallt accommodating

I typically do this when I meet the tenants and walk the property on the 1st day of the lease.It is not uncommon for good tenants to run into technical issues with payment and utilities during the initial setup. 

Hi there @Tina Lee - It sounds like you have a Chicago tenant who is consistently late on rent payments which isn't uncommon.