She let me know yesterday that the hospital may push her start date back a week — sounds like it’s due to laggy intake processes (not her fault). 

The capex expenses are basically the same, but your cashflow can be substantially better. 

With a purchase price of $60,000 and a sale price of $87,000 on the same day, the property promised substantial immediate returns.

Increasing rents substantially by rehabbing. 

I do think Florida in general has the ability to see some strong appreciation and rent growth after 2026/2027 because new construction starts for residential housing (especially multifamily) have dropped substantially.

Good chance you'll be like Michael Chang and make enough to purchase a substantial amount of real estate through the rental arbitrage method! 

It would include an exception for new construction and substantial renovation or rehabilitation.

So, for example, MN law Sec. 82.67 MN Statues has, in summary "A real estate broker or salesperson shall provide to a consumer in the sale and purchase of a residential real property transaction at the first substantive contact with the consumer an agency disclosure form in substantially the form set forth in subdivision...."

@Vic ReddyThey can try and negotiate but if they have substantial assets the lender is aware of it and will go after themI get the sense there is more to this story - for example in some jurisdictions they require older buildings to be updated by a specific date which is usually years in advance.

Half my deals fell apart because of their shotty training and the other half I’ve cut substantially from what they claimed I could list at and still haven’t sold.