@Adam Levy  Did you give them a deadline to get back to you on lease? 

If not... ask them to do it and put a (reasonable) deadline on them.

I understand if it works for you, if it was me I'd re-negotiate a new deadline or just say they failed an inspection if I can't get it to sell, of course you probably have the funds to purchase it yourself as compared to starters like me, so I understand your point of view as well.Originally posted by J Scott:I buy REOs, and there is absolutely no way an REO listing agent (or asset manager) would give me permission to relist an REO property that I have under contract before I buy it.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).

Simply stating a deadline of May 1 is not good enough to reflect your intention.

What if you had no 3-5yr "deadline" because you were already living the way you wanted each day and the work you've already done was still working/growing for you behind the scenes?

Even if you aren’t required to file a Federal tax return for your LLC, you may still need to file a State tax return for each of the States you own a rental property in or are operating in.Business activity or value of rental income could impact the requirement to file depending on the State so helpful to keep this in mind when you do your researchThe LLC tax filing deadline is 1 month earlier than Personal taxes.

Research this process and the deadlines.

The main issues were:he under budgeted the initial scope by a lotreally poor communicationmultiple failed inspectionsmissed all deadlines (it was supposed to be a 6 month project, it took 12).Are you looking in Columbus, too? 

Ask questions if you have any concerns, and make sure you are aware of any key deadlines or requirements.Evictions can be a hassle, but with careful preparation and the help of experienced professionals, you can minimize your risk and protect your investment!