Any local banks in Texas I've talked to have quoted 20 year am, and when pressed, state that that's 'standard for commercial' so yes, your 30 year am is great, and probably makes it more worth it for that higher int rate. 

With that being said you will be hard pressed to find a better source of information regarding this industry.

Not going to walk away from the deal without pressing hard.

I agree that you might be hard pressed to find a mutual fund that performed this well for 18 years, but it certainly isn't out of the realm of possibility.

I mean this in the sense that if someone called it goes to auto answer with a telepromt that says press 1 for maintenance, 2 for lease and rent and etc... this way the tenant is able to make their voice and problem heard but i don't have to sit and have small talk and constantly stop what im doing to answer a phone call that in all reality shouldn't have been made.

My agent is pressing me to sign off on the contingency, but my approval is conditional and I haven't event seen the conditions yet and appraisal isn't done either, which is one lender condition.

just because it is allowed, does not mean that you wont get bad press and dragged into things you don't want to be part of

I'm gonna run a private event where we will talk about a few of the most pressing issues and concerns of the attendees.

Thanks for the reply according to my realtor she actually helped me understand that portion of the contract better if I don't renew the lease then the lease just expires so I would have to have them sign a new lease and next time if I wanted that option check the box.The odd thing though there is a section stating it could renew on a month to month but she is stating since that section is marked out I would have to press for a new contract to be signed by the tenant which they are going to try to barter with me on and get lower rent so kinda stinks. 

I agree that I shouldn't nag them or press them too hard, which I haven't been doing.