Fortunately or unfortunately, you are actually going to encounter more of these instances of stagnant inventory.

The last question is to help you monitor and track the effectiveness of your various marketing methods and tools...it can also help give you a preliminary idea of how motivated the seller is.For instance, people who contact you through bandit signs will tend to be more 'out of options' than people who contact your newspaper or yellow page ads.Screen for Motivation Is property currently on the market?

For instance, imagine you buy a property today for 100k and you assume (based on comps of recent sales) that the ARV will be 150k after a $25k rehab. 

Initially asked for 3 months extension to which we agreed in writing but then Tenant changed to request 6 months.

Furthermore, there is the potential of extensive smoke damage in the same airspace.

If the existing layout is not conducive to the plans (for instance, if you have to remove a load-bearing wall and engineer new structural support, or if it's not possible to add a br or ba without messing up the flow and functionality of the house), then it might not be feasible and could end up costing far more than it produces...Also, if this is your first property, I'd suggest against a flip.

As a for instance, our team is able to take an empty one-bedroom house to a full-blown rental, including initial clean and photos, in ten days or less.

For instance, can I buy a list of multi family property owners in my town? 

For instance, log cabins and split levels sell at a discount in our area compared to capes and colonials. 

@Anthony Rosa Extension policy really depends on HML.