Time being of the essence requires both parties to perform thier duties and responsibilities in a timely manner and when neither party is at fault for any delay, any monies expended by either party are the expense to the party as were agreed.

Next tenants may not be any better.I prefer side by side duplexes, up and downs seem to have more conflict with noise with tenants.I wouldn't sub the utilities, because our utility companies expend way too much credit to tenants, then expect us to pay it when they bail.

@Joshua Howaniec I introduce my self as an active multifamily investor that is seeking to expend the portfolio in the market place. 

There are other models, like lease-purchase, owner financing, and vacation rental, that offer more sources of income (like non-refundable earnest money and down payment funds) or just more income for the same effort your expending now.BP is the perfect place to learn about these other models.

-Value or Appraisal ProcessAny building 4 units and less will be heavily appraised based on comps. 5+ structures weigh more heavily on the income approach (Value=NOI/Cap Rate) but also incorporate comps in the areaThe beautiful thing about all the questions you posed is that there are professionals in each one of those areas that can assist you further without having to expend all your time and energy trying to figure it all out on your own.

High oil price means more activity, means more people, means more expendable $, means more demand, means higher rents.

If Owner exercises this right to terminate this Agreement, Owner shall pay to Agent the sum of $300.00 as compensation for Agent’s efforts to lease the Property and shall pay the advertising and other costs actually expended by Agent in attempting to lease the Property.

I’m very interested but couldn’t buy it traditionally for 25% down because I simply don’t have the capital after expending mine earlier this year.

This way you will have a faster appreciation and you can use cash out proceeds to expend your portfolio.

It takes time, expends resources and can cause you headaches.If you really don't want to become an investor, may look around for a co-hosting gig.