Long story short, I should have fired him long before I did, and the project just kept getting extended. 

I was interested in this one because it already had tenants that had been in the home for a year and had just extended their lease for another year.

Partnership returns are normally due March 15 with the possibility to extend to September 15. 

I am able to withdraw 48,750(75% of the value) on the LOC and requires monthly interest only payments on the extended balance, and is annually renewable.

It's been over 120 days and the buyer's agent told me that their buyers had to think if they wanted to continue/extend with the deal.

Biggest down side would be potentially extending that 2 hour round trip commute a few months longer than planned depending on the degree to which the property needs to be improved.- Move in Ready - For simplicity, I have considered the move in ready route then attempting option 2 in a year once I can move out.

I am guarantee a year worth of work with intent to extend.  

I am guarantee a year worth of work with intent to extend.

The buyer and seller met for coffee afterwards and now we have extended our network of real estate friends.

It's certainly the case that helicopter money in the form of $1200 checks and extended unemployment benefits has helped the bottom income / wealth tiers manage their finances and reduce leverage.