Explain to the seller you want vacant possession or you want signed leases that come into force the day you take over.

Sure forces discipline.

That is likely almost the worst case if the damage is not extensive.When refurbishing the present structure be aware that major work might force you to bring the whole building up to present code.

Even if they should not be confused the judge might think differently as agents are armed and dangerous compared to the public.In some brokerages there are house rules to prevent what you want to do.

Please keep this civil . . . thanks.Hey Josh lets focus that anger on lenders that pushed option ARMs!

You could offer 70% of the true value , and some buyers would be forced to take it.

In my town, they would force any new addition to have the current code height, but old areas can be finished as-is.I wonder about changing the windows.

Spend more time with folks who are doing what you want to do and less time with people who are trying to force you down a different path.You are suffering like all entrepreneurs do at multiple points in their life.Continue to study and take a few local investors to lunch (1 at a time).

Laurens,The builder is probably having a big problem selling the houses at "market", therefore he is forced to offer this rebate to move his inventory.

The disclaimer is that I'm NOT INTERESTED in doing an ARM or interest-only loan.