I have an abandonment clause in the lease that permits me to enter, and I also have a clause that request that they notify me if they leave town for 7 days or more to help prevent these kinds of issues from arising.

Get an extra job, work hard, do what's right, and pay your bills even though you take the loss.

Some individuals send extra money in on their mortgage not specifying that it goes to principle and guess what.....it's placed on pre-paid interest.

Make some extra revenue and have it serve as a nice amenity for your perspective tenants.

I would hope to get this property for 90,0000 take the loan for 110,000, using the extra 20,000 to bank, improvements and any catastrophic failures that could possibly happen.

The extension gives you an extra 6 months - October 15th is the deadline.Mike

Ready to pull permits.

But most likely, you will need to get a construction loan or some other type of financing to do the construction an rebuild.Double check with your local agency about what permitting requirements you may need to meet when you demo the entire site.

This permit costs me about $200 per property in Gainesville.

Oil companies are required by governing bodies to drill, lay pipelines, set up structures etc only in permitted areas.