I accept applications during that time frame.

Got to put the public on notice that you have the exclusive option to buy Account Closed!

Keep refining your process to accept fewer problem tenants.- Study up on offering owner financing to investors.  

If that dog had tendencies of poor behavior it would not have been accepted as a police dog and 2. they darn sure don't go inside of any building, they are better trained beyond house broken.

The owner has an asking price, however, is willing to accept half of the asking price with the option of writing up a land contract to develop monthly installments for the remaining amount.

Unfortunately, they're expanding and their new office is dealing exclusively with wholesaling so I'm a little afraid of the big guy expanding and more competition.  

It clearly states in the lease and we had a verbal agreement I would make an acceptation this time. 

Given the high total costs of US financing, it would seem that getting the seller to accept payments on any portion of the total price would be a win.

Examples are whether payments are going to be made monthly or quarterly, and what the interest rate will be within the commonly accepted "reasonable" range.While your mother would not be a disqualified person to your wife's 401k (at least not based on that family relationship), it is still important to make sure that plan investments are still in the best interest of the plan and not the plan participant or others with whom you have relationships.

More insight of the current numbers (considering a 4.5% interest rate for the new loan)House 1Monthly payment(PITI+HOA): $1,700/moPotential rent: $2,300/moCashflow w/o management company and allowance for repairs(house is in great shape): $600/moHouse 2Monthly payment(PITI+HOA): $3,964/mo (if offer is accepted but I believe the case study is valid for any other house)3964-600 (cashflow)-1700(mortgage first house)----------------------$867 I have to come up extra with every month.In this particular house there is also a room with bath that could be rented for about $800/mo (efficiency, as we call it down here).