My attorney advised that I could put up a non-refundable option fee for maybe $100 - $500 dollars for a period of time that goes by and then increase for each # of days that goes by in the contract, so for instance:(Option Fee - not Earnest Money)$500 give to seller 3 days after contract is signed.If close hasn't happened within 15 days, give them another $500.If close hasn't happened within another 15 days, give them another $500. 

Tenants tend to think “automatic massive rent increase” when they hear a property is for sale.

A lot of the increases in market value and cash flow were earned through sweat equity and a lot of hands-on-work.

If she finish up the garage (which will increase the property value thus higher property tax), let's say maybe the rent can be increased to, say, $5500/mo.

So I bought a property in 2017 and the previous owner held it for 20 years my property taxes increased about $1,400 a year for that property.

Couple that with an increase in rent that im sure you would implement a few times within the next decade, I think the longer you can hold onto it the better.

First, you can't take advantage of the economies of scale like you can in a bigger facility....meaning that as you expand, your revenue will increase faster than your expenses which will have a positive effect on profit. 

@Kevin Pistole rates have increased nearly 1 point in the past 30 days. 

Basically her water and electric bill increased by hundreds of dollars the month before we purchased because the AC wasn’t fixed and because she didn’t know about the pipe.

Say I find one for 250K tomorrow that we love that will only increase our monthly mortgage payment from 1180 to 1800, with no money down right now, im sunk in the water.