I would add one thing...offer the tenant some moving assistance if they decide to move out.

Any assistance would be greatly appreciated. 

Since you are working with a buyers agent, and I assume s/he is assisting with some of the sourcing of deals, you might consider this situation a learning experience as what to expect when you get into competitive buying situations.Depending on the price of property it might be advantageous to reach an agreement in advance with your buyers agent to pay them a fixed fee or % of the agreed to price when a similar situation arises.

At this scale, you need legal assistance, this can be done with a master lease arrangement and you can also secure your interest as a future advanced note/obligation agreement to cover additional money invested on repairs.

I plan to use my background in accounting, finance, and operations to begin my journey and I look forward to leveraging BP to assist in achieving my goals.  

I'm looking for a mentor that would assist me with advice and assistance with some questions I might have.

I look forward to all of your input and assistance!

Hello everyone, I am in desperate need of assistance.

I'm looking into real estate because I own my father's house and he's getting ready to either move into a medical assistance facility or come live with me.

I'm a local investor and would be happy to connect with you virtually and see if I can be of any assistance in your journey.