From it raining a lot the night before the property going active which brought to light foundation issues hidden behind the pre-existing finished basement paneling.

They can decide that offer #2 came from a contract lawyer and he'd be a good owner in the building since he can help them with legal issues...or whatever random reason they like his offer better. 

The equity potential of course, but mainly I was trying to solve two issues - on one end, the seller was struggling financially and needed to sell her home but investors were aggressively trying to take advantage.

The equity potential of course, but mainly I was trying to solve two issues - on one end, the seller was struggling financially and needed to sell her home but investors were aggressively trying to take advantage.

I use Quickbooks Online and haven't had any issues!

As an owner I do understand the annoyance of this, especially if you were to back out of the deal and then having to deal with the issues of tenants worrying they'll be displaced, mismanaged upon sale, etc.

@Steve Smithhttps://www.journalofaccountancy.com/issues/2023/sep/passive...Basic JoA article for bedtime reading.... 

However, this risk needs to be weighted against other risks of managing properties remotely since doing it from ON has its own issues (can't do even smallest of repairs on your own, can't check on the condition of the units, can't even show them to tenants in person to evaluate those tenants when you are first renting to them, etc).

The question of whether owning a primary home is a sound investment, if you ignore lifestyle issues, can be true.

-Do you for-see any issues for me?