So my numbers are right, my property analysis was correct, but the system didn't allow for any mistakes.

The other thing to note is most times Pref equity is pretty save assuming a 10-20% market correction but in 2021-2023 we saw a 30% correction meaning pref equity in deal specific deals were underwater without any options.

If I remember correctly it was something like the developer had a press conference and said if we don't pass this second vote we'll have no choice but to put in a Top Golf. 

Did you ask him to correct the issue? 

It happened to me in the past and they corrected the issue.

I was told his work is the best and all his houses are top notch quality, I trusted their word thinking that things will come up in appraisal as well as inspection. the inspection was good, nothing negative was on the inspection, the appraisal was also correct.

.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying    jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg    Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.

@Kyle KlineMy Take on Cash Flow: - Cash Flow is a hedge against corrections.

Based on the above is my understanding correct and the 45 day identification period and 180 replacement property purchase period (which includes the 45 days) both extended?

Additionally, is it reasonable to request the current leases and what I believe is called the rent rider form (please correct me if that's not a real thing) prior to making an offer?