My guess is that you're out of your inspection contingency at this point.

I submitted offer at  $215k all cash, as is, no contingencies.

He has successfully purchased a few apartments within the last 18 months or so but I cannot tell you whether or not the figures within those deals are contingent upon value add and increase rents or if the deal was structured in a way that it would survive a worst case scenario vacancy / market crash.

Make your offer contingent on:.

In the contingency it says"Seller to provide copies of all leases within 3 days of acceptance."

All programdecisions will be for our proprietary programs.Please be advised that SPS agrees to accept your proposed Short Payoff and will release the lien on the property,contingent upon the following terms:1.

Unless your property manager and thier brokers are working in your best interest to grow your portfolio step by step and show you what it's going to take and everyone has an understanding you will be spinning your wheels and frustrated.I like the relationship to be one where our client is on the west coast and I send an email that says you need to buy this, cash close quick, only contingencies are third party inspection and mine and the senior property managers inspections and verify financials, the client doesn't ask questions other than where to send the checks.

I would make it contingent in the sale that the place must be vacant before closing

What would the contingency plan be if the buyer starts construction and can't finish...Sounds like the assumption of risk is very high. 

Network at REIA if an active one is near you, obtain full details, get an offer with a contingency out accepted, and present opportunity in the marketplace forum.