Those relating to the management, leasing, rental, security deposit, or operation of the Property by the Agent, or any person in the Agent's company, or the performance or exercise of any of the duties, powers, or authorities granted to the Agent; This sub-section, and all rights to the Agent’s indemnification, shall be considered void if the Agent exemplifies any willful acts of gross negligence;Is this pretty standard language for a contract?

You get to exercise creativity, financial analysis and negotiation/sales skills all on the same project.

That mental exercise would have been some years ago, though, and short-lived.I don’t know what your numbers look like, but am imagining this scenario: today your $10,000/mo gross rental income commercial property may cost $3,000/mo in loan interest and another $3,000/mo in property tax, insurance, utilities, and beauty upkeep.

I'm a software developer by day, and I'm looking forward to physical labor.I'd prefer to target higher value deals with larger upside and lower cost / sq.ft. but the barrier to entry is pushing me back down.  

Exercising a little patience and taking a year to better establish that foundation before launching into the shell of my R/E portfolio seems appropriate.

As far as anyone can tell, they exercised no such right. 

@Kevin Hunter, I read on the TSP site that it takes 8-13 business days for them to send you a physical check. 

@Katie LeaThere is not much risk for you since you would typically not have to exercise the option to purchase if you decided not to move forward.

Still looking into areas in NJ (I work physically in NYC and would need to be close by once offices open up)I have 5k saved up now and will have 25k by March 2021 ending ..and that's a conservative projection.I would like to buy my first used car so I'm mobile as I look for property in NJ.I have 10k saved to buy the used car and am looking at cars in the 7-8k range.My question for you guys is: Am I overspending considering my REI goal?

I posted something similar a few weeks ago, but that was more of a question about how to set up (physically & mentally) on being your own boss.