(iv) If Buyer is unable to obtain Loan Approval after the exercise of diligent effort, then at any time prior to expiration of the Loan Approval Period, Buyer may provide written notice to Seller stating that Buyer has been unable to obtain Loan Approval and has elected to either:(1) waive Loan Approval, in which event this Contract will continue as if Loan Approval had been obtained; or (2) terminate this Contract.

There's still a spectrum of quality and accuracy in cost seg ranging from highly accurate forensic detailed approaches to less accurate statistical sampling and computer modeling.

@Nicole WalleyWell there might be some selection bias in the sample choice when asking on BP, kinda like asking a Ford dealer who builds the best trucks.  

In this case, because you're now using OPM, that RM exercise needs to include your 'partners'. 

Does anyone have any sample contracts or examples of how you can equitably split commissions on deals between parties when you are partnering on wholesaling deals with someone?

If you'd like to go over this point-by-point as a buy-and-hold repair scenario for the experience, send me a PM with the address so I can check out the listing in Zillow and we'll do it as an exercise.

Tenant-buyer must exercise their option by day 180.2.

However, the sponsor should have provided you with their projections/estimates/forecast of the property's cash flows, and a sample return on your investment (by year).

@Jerel Ehlert thanks for the insight that pretty much nails this down then and I have a full understanding thanks for the heads up it is actually a relief in knowing that I can just go on a month to month even though they marked those out and still exercise terminating the lease with the tenant upon notice.

@Sam Grooms I looked up the IREM report but the sample sizes seem low.