Have contingency plans in place, set aside reserves for unforeseen expenses, and be prepared for fluctuations in the market.Investment Strategy: Define a clear investment strategy tailored to your goals.

Basically you would be taking a risk, but if you maintain your financing contingency, I actually feel the seller is taking the bigger risk.  

2) If secondary, do you have a contingency plan to fund this asset's negative carry?

If contingent on actual floor plan, send a PM.

If you go that route you want to have a contingency in the contract that the seller is delivering a vacant house and the renter agreed to terminate the lease early.

Most will find a personal injury attorney that will take their case on contingency – meaning the attorney will charge very little, if anything, upfront, but take a third or more of whatever they collect.And here is the secret of using an LLC to protect your personal assets – by “hiding” them!

Unfortunately, these things should have been discovered during your inspection contingency period.

I would add that in your purchase and sale agreement, have your agent add a clause that allows you to review the leases and the agreement is contingent on your satisfaction with the leases.

Attorney’s were not allowed to accept contingent fees, attorney’s were prohibited from advertising, attorney’s were prohibited from pursuing and filing frivolous lawsuits, and lawsuits were limited by strict rules of Civil Procedures.

More inventory= better chance of a buyer getting a blood-sucking lowball offer accepted, being able to include contingencies in the offer, negotiating inspection items, asking for seller concessions like a 3-2-1 rate buy-down etc.