I've attended several REIA meeting lately focusing on market conditions and cycles in CA real estate, and the keynote speakers have all touched on the point that SF is at the peak right now.  

My assumption is that there are a lot of bad apples, and very few that actually care about the seller.

Is it okay to file an extension or a bad idea? 

In terms of distance I will be about half hour away so not bad at all.

I know cold calling is how a lot of investors buy but how could this go bad?  

Quote from @John Key: Quote from @Ray Hage: I had already thought dropping 5 figures into these "mastermind" programs was a bad idea and now, I think it is even worse based on what I read in this thread.

Honestly if the property taxes are enough to make the rentals a bad deal I’d suggest selling.

I felt bad going with someone else after one month of waiting.

If this is the case, not a bad idea for you as it will be a good learning experience.

Wholesalers drag out the process if you go with a bad one. they are not buying the house. they only want your signature.