What are the typical terms when putting an LOI in your market?

But also, I'm being super vulnerable as this is quite painful but I'm also hoping that someone else might benefit from reading this and learn from my experience.  1.

Just depends what the net benefit is to you.

Also the rents are below market with Unit 1 coming up end of Sep. so could go from 850 to 1100. 

First off, it is extremely difficult in today’s market to find any “deal” that matches up to his criteria, but in my mind I had actually found one.

Don't limit your marketing in any way! 

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Mortgage rates are driven by The 10 Year Treasury so in order for mortgage rates to go down, we need to see “investors” pull money out of the stock market and put in to the 10 Year.

We see ourselves competing with national home builders in the markets we build in.

This was an off market deal that an older lady presented to me.