Selfishly, I don't want to help with # 1 as I don't need more competition, but my agent is too nice of a guy not to help him get more business. 

I have already found a nice property I would like to move on but not sure what to do with the current. any help is great.

I'm starting to really get a nice point by point comparison of what each number means in a contextual sense.

I have not used them all, but I have a nice list to fall back on if I need something done.

try to get him to his accountant to splain it all to himI dealt with that in the timber industry.. old land owner zero BASIS  1 to 2 million in standing timber  we offer them cash for it..and first words out of their mouth is they are afraid of paying taxsall while living in a beat up shack and driving a 60s pickup with a broken windshield.I had a way to 1031 the timber in a really nice apartment complex make them 10k  a monthnet and replant their property etc etc.. 

If I use the contingency I still make a profit and I don't I have a nice bonus in the end. 3.

For all you seasoned and experienced investors who have bought and held SFR properties for a number years:I'm trying to see if I'm on the right track for estimating long-term expenses for SFR.Background: Purchased first SFR last year, ~2,000 sq ft, built ~1985 in our local small East Texas town (slow appreciation) in a pretty nice neighborhood.

I own and run another business that produces a nice income. 

@Mike Cumbie Nice point taken from the story :)I guess there is no 'right thing' in these situation: that old lady made the best choice she could with the information she had and the background she came from. 

Figure out the realities of TODAY to bring the project to completion and still make a nice profit.