This is a casual, no agenda affair held at a local restaurant/bar.

Allowed with Landlords ApprovalNo Smoking, Income must be 3X Rent, Credit Check and Background Check will be performed with no prior evictions.

If your plan is to acquire a {distressed} under-performing property, renovate/rehabilitate, bring it into performance, then pull out your forced appreciation to acquire another property, then, you should use a variable rate mortgage product as you will incur the least amount of penalty for refinancing (maybe none in certain scenarios).Consider a mixed fixed-term mortgage / HELoC product on one, or more, properties.

I just try to weed them out, I don't need them to tell me what I need (generally) but to perform the work requested at an agreed price. :)

"Out lot" sales in a commercial shopping center can be 3 or more years out requiring the all kinds of contingencies.Extending purchase agreements happen everyday, while the term of an extension is usually a few days or a month, there is nothing preventing an agreement to be extended for a longer term or as to any right or option to extend a purchase agreement.One and the main difference between the two contracts is that an Option does not (for a true Option) require performance by the optionee or buyer and a purchase contract requires performance by both parties, bi-lateral and uni-lateral agreements.An option may not have any default provision for performance as exercising the option is up to the buyer, the purchase agreement requires performance and carries penalties for non-performance.

If your due-date is the First, and you are going to accept rent payments by mail, then, if it were me, I wouldn't take anything more than casual notice in regard to any rent payment showing up any time in the first week of the month.

My first investment property was a vacation home in FL and it's been a weak performer.

Overall, your purchase looks like it will have legs once the property - including the carriage house - is performing ... at the moment your CoC looks a little low.I would get some additional quotes on your repair costs.

. , only the upgrades that make sense for increased rents/lesser vacancy/better tenant profile etc. should typically be performed.

. :)See how life is as a tenant, there are advantages, especially if you plan to travel.Start planning now, but I don't like the idea of selling performing and appreciating assets and then living off the money.