I was lucky that the seller took my offer.Many of the good ones on the MLS set a day and time for offer deadline and you compete against 10-20 offers.

It can be severely reduced with mediocre property management or creamed with risky deadline debt.  

Yes, The renovation went 2 months past deadline, but I did sell the house. 

In this situation, you're also  responsible for handling all paperwork and ensuring deadlines are met correctly, is that something you're comfortable with?

You'll have to make sure to document that the cash came from the HELOC source.The delayed financing can be done right away after closing, but try to do it within 6 months (if you miss the deadline, you might have to wait another 6 months).

. Long story short, I prepared a contract which both parties signed with all the dates times and deadlines.

I would challenge you to set a deadline for your first investment and then work to make it happen.

However they couldnt get the language quite right before the March deadline.

I suspect the time deadline will be extended as the state does not want to remove safe units.  

This is a defensive measure against future increases that a property owner must do.The deadline to file a protest is May 15 or 30 days after the notice of assessed value has been mailed to you.Also, as an insurance agent, I had seen high percentage increases in property insurance premiums in the last couple of years, sometimes above 100%!