Hi Glen, I’m not in Maine but just across the border in NH.

I know that's a legal question and we were at the attornies today for that.. but they are thinking knowing the potential value of the property over 50 million and our option price is only 5.5 he may not go easily.one thought I had is to just not make our May payment and come June 15th the option Is voided for none payments.. of course we lose our 1.5 million we put in.. but I am pretty sure I can do a new deal without the other partner.. the other partner is persona non grata and of course he could make the payment but he has deep legal issues so won't be doing that.. so my question is    is there a way that this seller who has taken 1.5 million in option money from us over the last 10 years and he can cancel that deal and just strike a deal with us basically 3.4 of the same partners under the same terms and conditions and just rewrite the deal in a new entityOr will he have to claim all that 1.5 million as ordinary income in 2018 which would be pretty harsh on him.. in fact I don't think he has the money to pay it.. so he would probably have to sell the land he could not encumber it.. because of the long term nature of the land  its 120 acres right on the border of the city limits 1.5 miles from Intel.. its going to come in one day and when it does katy bar the door on value..

TWO EXIT STRATEGIES… proven strategies… or you’re not a professional investor… you’re just gambling with your family’s money.Almost ALL of the “ deals” I have been pitched in my region of Florida are built to assure that the wholesale gets rich… period. 

I do not gamble on the SFH markets.

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords. 

Its your gamble on the rate direction.. 

If lived all over Dumas, San Angelo, Hondo, Odessa, Houston area (Sugarland area and around Fort Hood.The only part of Texas I haven't been to is down South by the border line McAllen Texas.I think the issue with investing in West Texas is that there is not much of a shortage of land and the population is not very dense so that brings another set of concerns for me.I'm much more aligned with a lot of Texas' economic policies but I'm not as bullish as some others on the next few decades there.Also, it is sooo hot 🔥 the hottest I've ever been in my life has been Texas and I lived in Honduras for two years so I think I have a good point of reference.

I am an investor and I am located in Spring Grove, IL very near the WI border.

Trying to weigh out if the potential upside would be worth it, but that's a calculated gamble.

Stocks are a gamble- real estate- if you know what you're doing- is an investment.