Down Payment + Closing Costs = Cash to Close.For your purchase contract, I'd have suggested an escalation clause requiring proof of next best offer upon acceptance.

That makes no sense. 

That way the lender has an idea what it is you are doing and cost.

Your adjusted cost basis is the purchase price plus capitalized improvements minus depreciation. 

There's plenty of great areas for REI up there, no?

There’s no one answer, a lot depends on the investors personal financial position, tolerance for risk, goals, etc.  

What type of properties are these and what do you mean by it not being "cost-effective" for you?

https://www.biggerpockets.com/forums/51/topics/1122635-the-s...For 2024, it will be a mixed-use personal/vacation property on which no losses are allowed at all.

No, sir!

Quote from @Simon Walker: Quote from @Brandon Croucier: Opportunity cost is a serious expense, if they are moving slow, they are COSTING you more money than what a hard money lender might able to make you.