Initially viewed a great MF property in January3 weeks of negotiations and finally under contract in early March Near the end of our due diligence, we discovered some flaws in the NOI calculations and a couple material discoveries that required us to renegotiate3 lenders backed up my calculations with documented analysesSeller would not budge off contract price until 24hr before due diligence expiration (we came to him with a very reasonable purchase price and terms)We negotiated all the way up to 3hr before DD expiration only to have his final position end up equal to what we started with 2 months agoWe terminated!

We cannot set our own lease until the current leases expire.2.

It had an expiration date of May 25th. 

Now, if you don't see the area recovering by the time your depreciation write off expires (I am assuming 2032ish?)

Legally you're stick with the existing lease until it expires.  

Leases expire 2-4 months after i am supposed to close at which point i can raise rents.

Cutting to the chase....I purchased a commissioner's certificate through Zeus (Henry County).Without getting too personal, I need to sell this certificate at face value.Redemption period expires 8/3/18.Now, certificates are assignable through the auditor; question is, where is the best place to find someone to take this off my hands?

Little or no maintenance which again eliminates the need for a PMI'm off topic here a bit but something to think about moving forward when lease expires.

The property hit the Sherriff's sale, redemption period expired, and it is now REO. 

But sure, you can bluff, by saying: My offer expires on this future date.And certainly, if a better option comes along, it won't need to be a bluff!