@Greg Lovern It's whatever the parties agree to - and that's specified in the P&S.For a retail SFR buyer, I normally require that the home is delivered vacant and broom clean. 

@Mike S. thanks for your advise, agreed it something I need to think about

@Don Carey I manage over 300 rentals and would love to take on a job like that, assuming you agree to compensate me for the time.If you purchasing the property through me, I would obviously perform all these tasks as your agent during the due diligence phase.If you were buying through someone else but asking me to manage them, I may still assist in an effort to prove myself and win your portfolio for property management.if you were asking me to assist but not using me for the purchase or the management then I would charge you a premium for my services, probably $100 an hour.Let me give you some free advice and say you should be careful when establishing a new relationship.

I agree that a lot of the 1980’s built homes in Rio Rancho are good flip prospects.

This is an area where your tax CPA/EA will need to be involved.100% agree. 

As far as the profile picture goes I completely agree, but I have tried multiple times with no success.  

Also I agree with @Joe Jor that if you haven't already you might talk to local credit unions and see if they can help you out.

Agree on Roofstock.although an add on loopnet might work as well.I find those with larger SFR portfolio might want to look at hedgefunds that are actively buying in your area.. 

I'm pretty sure that even though the documents says it ends in 2012, by continuing to accept payments, both parties have (by their actions) agreed to an extension...with no end....or......For some reason, the agreement stated the Option to Buy happened AFTER 5 years, with no apparent time limit. 

Totally agree with @Dan Bryskin.