Does anyone have extensive experience with building permits?

It should require a written notice of intent to exercise the option as well as an extension provision.

It's better if the business model matches the traffic flow for the time of the day.Are these business that need a bunch of foot traffic to be healthy OR is most of their business conducted through shipping??

It's never right to be dishonest, but because there are so many dishonest people out there conducting business you have to find a way to not attract them.

Sorry Bienes, but that photo reminds me of these beauties: http://thechive.com/2010/02/18/honey-i-took-care-of-it-21-photos/ No, I'm not being mean or anything, but that dryer vent extension does say "jerry-rigged" all over it.

This would be a written forebearance agreement and you need to make it clear that such extension or forebearance shall not effect your rights to collect any amounts due, in part or in full arising from any event of default.If you don't follow what I'm suggesting, I would then advisde you to get with your attorney ASAP.

You will find the people who have good reputations and who conduct business in an ethical and transparent manner.

Thanks Mitch.Mark, my goals for now are buy and hold and if the circumstances allow it, I plan to get one property per year for a few years.I'll need to find a CPA to tell me more about it, as of now, I have done things only by extensive research, now with the support of this terrific site. :)

If it does turn out that way, you can always give them an extension.

My qoute was very similar.100% Replacement CostQuote Results Limit PremiumCoveragesDwelling (Coverage A) 165,000 770.00Dwelling Extra Replacement Cost 33,000 10.00Dwelling Extension 16,500Personal Property (Coverage B) 8,250Business Liability (Coverage L) each occurrence 1,000,000 Business Liability (Coverage L) annual aggregate 2,000,000Premises Medical Payments (Coverage M) each person 5,000 Loss of Rents (Actual Loss Sustained)DeductiblesPolicy deductible 2,500 (154.00)Total yearly $630.I extended replacement cost/dwelling in case values rose above hense the difference between your qoute and mine.Glad I am on the same page at least.