I ended up winning, by increasing my offer to 152k but had to sign the addendum saying if it didn’t appraise I would have to bring the cash difference.

Limitless Real Estate Group LLC - Property ManagementWe handle every aspect of realty management - General maintenance and upkeep- Demo and rehab construction- Lease processing and renewals - Tenant selection- Screenings, background checks, deposit collections and lease agreements- Property repairs- Rent collection

The seller is the wife who cannot get her ex-husband in to sign off on the deed.

When the slightest sign of downturn, I will sell.

Just wondering if this is a good sign for buying...Small town, tons of growth in the county....someone just built a 42 unit rent based on income smack dab in the middle of said small town. 

Eventually I bit, and he proposed a note for me to sign, the note was due in July of 2017.

I think I have hit on a decent business that could employ 1 or two people and still generate a very reasonable return.My thoughts are the renter's would sign a loss and liability wavier and I would provide security cameras and lighting.

The tenants signed a 3-year lease, so we wanted to give them the benefit of the doubt and have a good working relationship with them. 

So tell your agent the deal is dead, they did all this work and won't get paid, unless they get a signed agreement from a tenant agreeing to vacate by 7/31/18 and your bank needs it by Wednesday

The first step is to get the contract signed so I would focus on that.