I don't believe there is anything major going on externally that is causing that, other than just random luck whether the types of properties we buy are being released by the banks that month or not.The one exception was this summer, after the tax credit expired -- I believe this was a major external event that affected the market for several months.All that said, we're okay with slow periods where we aren't doing much...if we were desperate for the income at all times, we could certainly find deals by expanding our purchase criteria or expanding the areas where we purchase.

We decided on a house on the “exclusive period” I directed the Realtor to put an offer at asking price plus a couple hundred to be competitive with other investors, as soon as it went into extended period.

First time you buy as a wholeseller you assume violation from POS and leave the escrow with the title company - 50-200% from the amount of repairs.Next, you have to correct the violations - sometimes replace the roof and repave driveway - and only after inspection from the City released your escrow and final inspection is "clear", you can transfer the title.Then it will be a flip with all that short term capital gain taxes.

(I say this as a plaintiff's lawyer) I'd probably get a lawyer involved and make sure any money you give her is in exchange for a full release, but I just wanted to say that your exposure looks pretty limited/non-existent to me.

He will tear down a side shed that is connected to the house in order to extend the small kitchen (that storage shed was an eyesore as well), and he will put vinyl siding on the house.

Based on others I've watched being done, it shouldn't take more than 3 days with a helper, assuming nothing unusual.I decided to use Hardieplank that comes already painted with a extended warranty.

I have a handful of them and I have had 2 of them call me to settle because they were cleaning up their credit. 1 of them had actually paid me a few years back but I neglected to release the judgment, I promptly took care of it when he contacted me and was very appreciative.

I've been busy with my nose to the grindstone working on my debut release of a single with some heavy-hitters.  

Bleach does not kill mold and you could release the spores into the air.

As far as issues go, since you have been with these folks for sometime and these have been repeat problems, don't extend the lease going forward.