Both options should be in writing and have a contract so neither party gets harmed in the agreement. 

Put that on the contract with maybe a few days grace period and if you still have attorney review then that can always be changed (but both parties will have to agree to it).- As-is - This is another good option if the property isn't being sold as-is already.

He's a 3rd party no skin in the game person that could help you get those figures also.

I currently have 2 SF rentals, and a third under renovation.

Sometimes at night, the ferries quit running before you're ready to leave the party. ;-)

@Justin Brown I'll be there - let's maybe communicate on where we are via here on Day 2 - 10x networking party :) Sugar might be a nice spot, I was going to try to host something on Saturday but there's a networking event 6:30-8:30 on the field figured we could huddle up there as well.

While a contract is not enforceable if you are not 18, that doesn't mean two parties that want to do a deal can't move forward. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Make sure you get a 3rd party appraisal & inspection whenever you buy something site unseen.

However, in any deal you must still bring some value to the table (capital, experience, ability, resources, etc) otherwise the remaining parties have no motivation for your involvement.As a new investor with no demonstrable track record capital is your easiest ticket to the table.