Finally having time to perfect my Ballroom/Latin/Tahitian skills and doing performances or competitions like I've always dreamed =) Opening up my quality second hand clothing boutique so I can pick and/or trade my clothing whenever I want.

You couldn't patch things up?

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 am selling a house in Albuquerque and the stucco company hired to patch up the stucco is saying I must redo the entire house due to an inferior job at a cost of 12,000-14,000.

"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.

One option would be to just patch things and rent it out.

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.