Get a real estimate of repairs because you just eye ball what the repairs are and their costs.

However, in the purchase contract a statement can be included that says the tenant can exercise the right to purchase anytime during the 7 year period.

You’d only need a title company if you end up deciding to exercise the option to purchase the property. 

Of course nobody has the crystal ball what will happen the market next year.  

Looking at this deal was a good mental exercise and motivated me to continue to learn and search for deals

Apply it to the balance if they exercise the option.

Focusing on SFH flip. Considering building multiple teams across the US in markets we want to be in at the same time. I don't know if I'm getting ahead of myself or if that's indeed the correct move to be making. We'r...

You have to get that small ball stuff at really high cap rates to maintain the 100 basis points more cost on the debt for good spreads and cash flow.    

We know we need to get the ball rolling in something if we want to meet or exceed our rental properties goals.

I would probably send an email/text/vm to the seller stating that there is an offer but we are expecting another tomorrow and we can get together then.While I get that investors want their low ball offers answered first, I would do what is in the interest of my client and in this situation it would be to wait.