I believe ESF is 1pt for every 45 days for extensions. 

Unless the numbers are too tight.Although if the Cap Gains goes up to 45% or something, that would change things a lot.....

Or could he purchase 4-5 single family residences for 300k a piece?

The work should take about 4-5 days.

Fully Renovated Turnkey Cash-Flow Investment PropertyRental property's income at least 1% of the purchase price.Continuous profit with little hassle.45 minute commute to the state most vibrant city Greenville and the state vibrant capital Columbia South Carolina.Nordson Industrial Coating Systems (ICS) is establishing their newest manufacturing facility with an investment of $30 million.

The agreement should last 4-5 days.If I don't like that home, and I think I want to engage a buyer agent for more in depth services over a longer period of time, then I will entertain other buyer representation agreements, but I will not agree to over 2%, which is the maximum recommended by the Consumer Federation of America.To be fair, if my needs required my buyer agent to show me 30+ homes, or preview them since I am out of town, or something else that took an extraordinary amount of the agent's time, I would consider more than 2%.

I have been lending for 45 years and will not ask for a deposit until after proposed borrower has signed the term sheet and knows all the terms and conditions.  

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

Handymen to help with turnover in my area are booking 4-5 weeks out.Folks here have a wide variety of strategies when it comes to raising rent. 

The issue is Calumet City is a good 45 minute drive south of Chicago and North Chicago is actually about an hour drive north of Chicago (talk about false advertising).