When you say “new buyer” are you talking about if you walk away from the deal at the end of the option and a different buyer comes in to make an offer?

My logic is telling me that either I call brokers and property managers, or I determine what cap rate I am comfortable purchasing at and find properties that fit those parameters.Thank you for your time and look forward to the advice, Sheldon

My partner and I are in the DFW area and have been searching for the right fit for a mentor in the real estate business. 

They are turning 70th into a 4 lane divied road with walking paths on both sides.They said they may be able to move the road one way or the other but not by much.

As a general rule (as I have been told by financial advisors), you should not put money into the stock market unless you are planning on leaving f it there for 5 years.If your investment is 3 years off, I would consider investment in a note fund that has a 3 year maturity.

We've analyzed a few that look to have thin margins, walked one overpriced one that needed far too much work. 

LOL Just kidding.....but we are going to have to seperate those two.....if not, it looks like the fit is gonna hit the shan and someone's gonna have to stay after school for detention!!

Second option would be to extend your escrow by 15 days, because I believe that a month to month tenant is required to be given 60 days notice in CA not 45 at that point if they still occupy the property you have a couple options, extend escrow while the seller goes through with an eviction or walk away and find something else. 

Now, the owner knew it was a crappy leaky A/C or I knew I was a probable walking stroke, different stories.

It's a tough business and lifestyle that does not fit many investors well.