this came out today https://www.kxan.com/news/loca...I reviewed a podcast from a dude who was interviewing a bunch of real estate brokers in Austin and a statement was Del Valle and SE Austin will never become a 500K + community......while all this development is good I always believed demographics and high income drive real estate prices ..

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Make an offer contingent on inspection and a review of all financials, leases, and other pertinent documents.

I reviewed the contract and unfortunately I didnt find any clause that states a deadline for their renewal decision or that it will convert month to month after, is it by default? 

For support, it cites a specific court case from 1981.From my quick review, I'm pretty sure that the IRS attorneys misinterpreted both the IRS statute and the court case, and I can see where they tripped.

I like to study and review appraisals to help me better understand how to analyze a good comparable.

Just find the person that has the most reviews and copy and paste.

Make sure you review all the leases and compare to bank deposits if possible.

@Gary NorthcuttSounds like you're starting out, and for newbies, when commercial lenders consider loan applications, they always asked for a personal guaranty after they review your personal credit, i.e., good income stream, no bankruptcies, past due loans etc.Having said this, I worked at several lenders earlier in my career.

I'm preparing an offer on a SFR in the Seattle area (Eastside) ahead of the offer review date.