It was a very strong sellers market in February and what we're seeing is, yes buyers have dropped out of the market, but sellers have also held off on listing their properties.

@Ryan Swigart at least in my area a termite inspector is held to a much higher standard than a traditional inspector, so I'd check your local regulations to see if this is also the case where you are, however if the severe damage was almost entirely behind the drywall nobody would have found it because people don't tear down walls to check for termites.

My wife and I completed our first flip (just before Covid hit **whew**) but we held the house across the new year.

But it does say metal, which can be as hard.

Zillow has it valued at $212,524 and listed as 5 bedrooms.So, the basics are that I offered $15k in cash to the Seller towards their equity with the remaining equity to be held as a second.

When does the management agreement end and what time limits do they have to return your keys, any monies held on your behalf, etc., per the agreement?  

I’m dying to know Thomas, what is it that makes you believe these 4 folks with Doctorate degrees or PhD’s in Vet Med who are multi published and referenced dozens of times throughout various academic journals (those are those ones held to scientific standards a fair amount more strict than hearsay online) are completely incorrect...Have a read through this on Jstor sometime:Journal of Veterinary Behavior: Clinical Applications and ResearchVolume 3, Issue 3, May–June 2008, Pages 134-140

If you like taking a gun, you know those awesome metal big-butt pistols with those rolling compartments with these wicked bullets in where when you turn them you hear tktktktktktktktktktktktktktkt... put 5 bullets in and leave 1 compartment open and play Russian roulette.

Some sponsors I know have held assets for 20 to 30 years.

Your personal assets are not exposed.Say someone slips and falls on your broken rental property sidewalk, all they could sue you for is the equity held by that LLC and nothing more.