TIME OF COMPLETION The undersigned agrees, if awarded the contract, to execute and construct the entire work complete and ready for use within twenty six (26) calendar days, beginning June 8, 2015.

You should be able to refi without a tenant in place, although some lenders want to at least see a lease agreement ready to be executed.3 - Pay off the HML, and cash flow the property.You have to pre-qual for the refi to see if can get the money, and to see what the payments would be so you don't end up with a property that doesn't cash flow.

Or do I have to wait until she gets the paperwork that says she can sell to execute the contract?

You make your money when you buy, and you realize it when you execute your exit strategy.  

As far as what to look for in your purchase -- location, age, sq footage, lot size, future city infrastructure development or redevelopment, potential rental rates (near hospital to rent to medical staff), are you looking for cash flow are you looking for appreciation....etc ... etc... 

I'm seeing payoff figures of superior notes/mortgages HIGHER than what was recorded at the courthouse when first executed.  

So, my first actions, as an investor newbie, are naturally to look for systems and tools that will make me efficient, accurate and timely in the execution of each of the many process steps between lead generation and cashing the buyers check.

We're not on the same page.It would be great if I partnered with someone who wanted to take on the day-to-day execution of this strategy so I could work on finding the next one and pulling together the financing for the deals.Don't take partnerships lightly.

Also, for us, selling the property could be the best exist strategy we need to execute at that time.  

Im an Executive Assistant of a Real Estate Investor.