Also find out the lease duration for the tenant you plan to have leave- if you intend to owner occupy.  

You have to remember to extend it yourself (or maybe I'm missing something).  

(b) Except as provided by this subsection, a seller, or the seller's heirs or assigns, must maintain fee simple title free from any liens or other encumbrances to property covered by an executory contract for the entire duration of the contract.

Hood is a great place for investors, but I have seen a few friends lose their shirts when an extended deployment occurred.

Did they extend closing several times?

I would only add that oil has been down now for an extended amount of time and is actually well off the bottom.  

One had price reduction, both in extended period.

generally you can back out or extend.. 

But I don't want to fix up the apartments because I want to eventually transform the house into a single family over an extended period of time.

Of course, there are analogies between Scrum and a contractor team -- the "Product Owner" is the house owner, the "Scrum Master" is the GC or project manager and the "Development Team" is the contractors -- and the planning and communication requirements for Scrum have some general best practices that apply in many other areas (including rehabbing), but the analogy doesn't extend much past that.The overhead associated with having Scrum Planning Sessions, Daily Scrums, Sprint Reviews, Maintaining Product Backlogs, etc. is just ridiculous in any typical house rehab scenario, and unless you want to triple the time it takes to rehab (and likely triple the cost of your contractors based on the time they'll spend on-site), I wouldn't recommend trying it.Now, the person you're getting this information from most likely took the Scrum model, and pulled about 5% of that model out and said, "I'm going to apply this VERY SMALL subset of Scrum techniques to flipping to make my contractors more effective."