Need to get our preapproval and term sheets in order.

Also experienced GP’s don’t have the time to “train” someone who is not a long term solution.

I do use the term "avoid" but it is quite difficult for anyone to avoid nuisance lawsuits today.

Apologies for how long it is 😂Background - I have put a back up offer which looks like it will be accepted when the current buyer doesn’t meet the negotiated timeline  to close on a deal which was 2 small single family’s 2bd / 1bth recently fully renovated being sold together on a parcel.

In what is expected to be a continued tight housing and real estate investment market, there are a few tips and tricks that can help investors get some advantages given the current state of mortgage terms and limited housing options. 

Why do you think purchase contracts are so long and have such small print?

What advice would you offer to someone with no experience to date with rentals in terms of selecting the best location to look for properties? 

He has to prove damages and you haven't stated anything a judge would award damages over.Putting in insulation is a good investment for you long term. 

I don't see any way that this would be the case as there are no amendments or term changes at all from the initial lease to the renewed one. 

The terms of the financing (interest rate, balloon payment timing) need to make sense for your exit strategy.I would recommend getting a detailed inspection to ensure there aren't any major issues you're overlooking.