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I tried my best to get them to sell and downsize then but they really missed the boat - they weren't ready to pull the trigger and it seems like with most good deals in RE, you snooze . . . you lose.

I made a soft/rough offer and feeling nervous about it and wanted to see if anyone had any insight.It was difficult to pull comps because of the uniqueness of the property but the closest I could find were 3 properties that sold in the last month and were all 6-families that sold for roughly $600k all of which had 3br/3br/2br type setup.The subject property has 5 two bedrooms, 2 studio's and the commercial unit.

Thank you I believe my lawyer said that its in the contract for the seller to get the bank to approve the offer within 90 days of the signing of the contract then we can pull out and that 90 days is wensday so should I wait till then.

However, the 1,500 SQ FT home will naturally use the furnace less aggressively as there is less to heat.

I have never come across the scenario above, but if we got word that the house burned down over the weekend we would obviously contact the title company right away and tell them to pull the recording and we wouldn't move forward with the purchase or close escrow.What if the seller returned to the house over the weekend and busted up the walls (it's still his house, right)?

I have a strict no pet policy that I enforce only as an excuse to pull money from their security deposit if I have to deal with pet messes in a any way.

When I was finished pricing everything out and was about to leave, a huge, brand new Cadillac SUV pulls up slowly.

@Ali Boone, I like to follow the same 70% rule in rentals so I can refi- and pull my initial investment back out to get another one.

Besides the natural damages, vacation rentals can incur higher wear and tear damage from different people moving in and out all the time.