I’m happy to go over specifics with you if you like. 

Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping, am I going to be sued for specific performance?

I’d also like to learn more about long distance investing so that I’m not tied to a specific market.

What specifically are you looking for out of your software? 

Nope, its a 1 bedroom and the ad specifically says only one car, but I still get the requests from folks that say they read it, but were just checking.  

Effective communication, detailed contracts with specific timelines and payment terms, and regular progress updates are also vital.Additionally, we now have a contingency plan in place, which includes having backup contractors in mind in case we need to make a change quickly.

You won't have specific knowledge or insight to share with owners, but you have you're youth and hunger to do what it takes to succeed. 

Here are a few possibilities for "OR" in the context of property transactions, though the specific meaning may depend on the local property records or auction terms:Owner's Representative: This could indicate a transaction or document was executed by the owner's representative, such as an attorney or agent.Official Records: Sometimes "OR" might refer to the recording in official records, indicating the document or transaction has been recorded with the county or appropriate governmental body.Order: In some contexts, "OR" could represent an order, possibly from a court, related to the property.

We're just using the Illinois lease that BP puts out (https://app.box.com/s/r0b3spxpse7jc0qe42tz95f056yand9h), but I can't find any specific penalties for early termination in there.

If you anticipate negative cash flow initially, consider how you plan to address this situation in the short and long term.Before making a decision, it's advisable to consult with a real estate professional, financial advisor, or accountant who can provide personalized guidance based on your specific financial situation and goals.