With a backup plan, and proper (extensive) legal docs, much of the risk can be mitigated.

It might be worth a follow-up closer to the move-out date to confirm their plans, but avoid excessive contact to prevent escalation.

My point above is how solid are your financial and management plans?  

l plan to use that money to start investing in real estate.

If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.

We’ve just finished our 2025 planning meetings for our six largest projects, and it’s been an interesting process. 

You haven't told us anything about what you plan to do after purchasing the property, so it's not clear how important interest rate is in the long run. 

Share a clear business plan with numbers showing expected purchase, rehab costs, ARV, and rental income.

If you plan to scale, I would get one right away on your first property.

You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.