Once recorded, the owner/seller of the property will not be able to close on the property without addressing this issue, thereby blocking them from cutting you out and selling to another party.Other than that, keep in mind it is VERY difficult to win in court for specific performance to force the seller to sell.Good luck, and keep moving forward!

Things like valet trash, cable contract reimbursements, RUBs, common area expense budgeting, proper staffing levels, AI revenue management, PPMs, subscription agreements, blue sky filings, commercial lending standards, commercial building codes and permitting, ADA compliance, etc.  

In order to execute effectively, operators will want to validate the path to permit is strait forward and reliable at closing or within 30 days of closing.

I have a year to continue to try contacting the owner for a purchase -- I could even get myself to Ohio and knock on their door and force the issue! 

This issue is coming every year, and a few tax pros I have talked to are not doing a good job explaining it.Can someone shed some light on this?

Maintenance issue/slow leak?  

Specifically, I'm looking for neighborhoods with a good amount of distressed 3+ bedroom townhomes for sale for $120k or less that require a moderate amount of renovation (no gut jobs or major structural issues) and that will get me a rent-to-price ratio of 1% or higher on the final ARV.Thanks in advance for any thoughts/ideas/suggestions!

Currently a structural engineer so that definitely helps with some of the real estate issues!

@Ferrode Joseph- thanks ...if possible - invest  somewhere you have  familiarity or  connection in as this will  help you  with the unknown issues and problems that arise in the  future  (  eg. 

Box; rent can only be paid by bank deposit.For your convenience, the nearest location to your home is 123 Main Street, (City), or you can execute a bank-to-bank transfer using the routing number provided.If you have any questions, concerns or maintenance issues, you may call or text my cell phone at (your business number), or you may email me at the address listed at the top of this notice.Please don’t hesitate to contact me with any questions about this transition or any other pertinent issue.Sincerely,(you)