But for those that want proven research this is what I show them.https://www.morpc.org/wordpress/wp-content/uploads/2023/02/P...https://cuchimes.com/02/2024/columbus-boom-population-growth...To answer that question with a simple answer - There is population growth, opportunity fueling that growth and the numbers still make sense when the right strategies are used.

The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.

Saving about 1/4th of that in taxes.) only downside is if you spend the money and then the sale doesn’t occur. 

It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

@Nolan WhitakerIt does have a term which is five days after closing or cancellation of contractI would politely reply - “sorry it’s taking longer for the buyer to close but it’s not in our control and we have not breached the agreement as it states we will pay you within five days of contract close or cancellation which neither has yet to occur.

They also have one sole focus & that is to take care of the property, collect rents & stay on top of every day issues that occur.  

You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.The key point is, put something vague into your leases, and use it.

When the loan is paid back, you still get the full death benefit plus any growth that occurred in the meantime.

So last Sunday, there we were, ironing out a few more of the details between us.It occurred to me that I could never imagine my parents having such a conversation.

Thank you so muchJames This is why (and it has been mentioned here 1,000x) that when buying a STR, to make sure the numbers work based on other scenarios in case of this occurring.