Even for houses that weren't tapped to get cash out, a prolonged foreclosure (borrower files bankruptcy for example) can cause the compounding of those additional late fees, missed payments, attorney fees, special servicing fees, forced placed insurance, etc. - that compounding cause the debt to grow quickly.

Had this issue been prolonged it would of been a nightmare to have the city remove these properties from "Watch List-Intent to Demolish" including court cost, setting a bond and numerous other issues..glad we dodged that bullet

I don't see any issues with it.Just check with the building/planning department that there are no laws against prolonged vacancies, but I really don't think that would be an issue since you have a city certification saying it's a multi unit.Just be sure to pull permits on all the work you are doing, so that city inspectors don't have issues with the work completed.

Don't spread yourself so thin that you won't be able to absorb an emergency, prolonged vacancy, or some other catastrophe.

Some older sellers I know have picked offers because in addition to the right price they had another point that was important them either a prolonged  date for closing or a term that was critical  like something they did not want to remove.  

You don't want to be involved in a prolonged mortgage process..

You will need to have to pay someone consistently to go to court to prolong your cases but eventually that will not be enough.

If the foam is applied incorrectly (too thick of layers, too quickly) is does not cure properly and can both fail to deliver its insulation potential and produce noxious, if not harmful, off gassing for a prolonged period (months).

Thus inflating prices moved faster than time went by and so prolonging rehabbing was rewarded with a 15% higher figure than originally projected.

Them not having access to our washer dryer will also probably prolong the life another 5 years.