There will be a bulletin from the IRS extending those timelines. 

We could pay cash, then refinance later when rates decreaseEvery time we look at these NNN properties, somebody is willing to outbid us an overpay for the property...Numbers are as follows• 11+ years remaining on this corporate guaranteed ground lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site• The lease features a 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation75,036 NOI4.10 CAP1,830,000 purchase priceany thoughts or feedback would be so much appreciated.

If the seller agrees to the extension, all that is signed is a Change in Terms Addendum to the Agreement of Sale which states that closing on x date is now extended to x date.

If you insist on extending him, contact the Section 8 case worker and they can tell you what steps to take.Personally, I would not extend or renew.

The tenant moved out on Jan 3rd of this year and I have not rented it  out this year due to extended improvements I've been making.

Each time there is a bid, the auction extends for 2 minutes.  

Number one being the location, with having a lot of extended family nearby.

I believe contractors will be busier than ever, this is a great market for investors in it for the long haul  A reasonable point;  with a possible glitch for the inexperienced.All costs, daily expenses to live etc. have increased across the board.Craftsmen have received compensating raises that will be maintained.Supply shortages will continue for awhile which can increase holding costs.Those holding costs will not successfully be mitigated by cheaply done repair/improvement.For the Long Haul, R.E. has a history of being a good investment when a reasonable financial plan is in place.Part of that reasonable plan should include readiness to  hold the property for an extended time.Have a Plan B available to cover market changes.

Now if the insured received an extended form policy my opinion might change.

If you have a fast food restaurant in there now (BK, Taco Bell, KFC, etc.) and the next tenant will be a sit-down restaurant there will be a considerable cost to convert it (also, highly dependent on the overall SQFT of the place)Overall, my advice would be to check your numbers and see if you can live with lower rent, if you do, then go back to the current tenant and ask, "at what rent will you stay and even consider extending the lease?"