If they exercise the option then I make an additional $90,000.  

It allows you to get your systems and vendors in place and make a few mistakes and it will have better cash flow than an SFR. 5) I think these forecast calculation reports are a useful exercise to get comfortable with crunching the numbers but I've never had one turn out to be the real numbers for a property once I've purchased.

My option is subject to the current market value when exercised in 36 to 60 months.

going through the same exercise these only make sense with cash purchases or near cash. or balance the tax write off with the negative cash flow.was just talking to a CRE Agent today about this and sellers are still  not with it  .. so will see how this all goes.

Then look for the one thing, the next person or role you need to add in order to take the next step up.The exercise that has helped me the most is thinking in terms of your time and its value in dollars per hour.

Get a low enough rent so you can make a decent spread and if prices go up you can exercise your option in a few years.

Besides pushing the builder to complete as fast as possible (which is already desperately underway), are there any other options to exercise with the lender, or advice on how to squeeze another month extension with the original rate?

I usually give 2% assistance if exercised within yr 1, 1% year 2.  

Hi Aaron,You look like a strong guy.Maybe buy a lot that's wooded over and log it out with a chainsaw and a log splitter and sell the firewood to grocery stores, 7-11's, wood stove dealers, etc..When your done have the stumps ground down and you have a cleared lot.If you have the customers lined up, it could be (might be) good cash flow and good outdoor exercise and at the end of the business, the real kicker a cleared lot.

I know it's a completely backwards exercise but still wanted to do it to see what the numbers look like.