Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

@Tanya Maslach Since it sounds like you're not really using a property manager - connect with whoever helped you purchase the property to see if they know of a leasing agent or showing agent that you could reach out to help hold the property open to tour at least once to twice a week for an 1-2 hour period on weekends. 

For BP readers in NC (or other trustee states), get to know the trustees that operate in your county of choice, then periodically look for upcoming sales.

In my experience RE investing is a reliable way to get rich slow, provided that you’re willing to invest steady effort and attention into the proper management of your portfolio over an extended period of time.   

@Collin SchwartzYou are a cool guy for putting on all of the Omaha meetups and you have done a great job in a very short period of time.I met you at one of your meetups last year, but work, family, and my investment properties have kept me too busy to attend recently. 

Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

But I'll give this a try to see if it gets through.charlie at tracreportingllc period and then the c.o.m. at the end.

-your first few years after a purchase are typically a stabilization period, and you IN-vesting your money into the property. think about how long it will take to recoup all the costs i just mentioned.

This is part of the "due diligence" period, and it is so important.My advice would be to figure out the demand in the area for larger spaces.  

Cons - you have to wait a few months depending on the seasoning period to do the cash out refi.