To me, one of the most attractive aspects about investing real estate is the control we get to exercise over our investments.

Move the ball down the field as much as possible with both and then eventually you'll come to a decision point :) 

I'm about ownership and I'd say someone dropped the ball on your side on that one. 

I will say I’m exercising extreme caution on this one.

At the same time, play some hard ball and see what the seller is made of.

These are speculative investors, because let’s face it – nobody has a crystal ball.

Hopefully, you were in the ball park and the numbers still make sense.

This requires a crystal ball that no one has - first, to believe that your assumptions will come true, and there are plenty of people that would call hogwash on that - and second, to interpret the response of the irrational animal called man.

We do have an extension provision, but I doubt we will need to exercise it.

Analyzing deals off-site is just exercise, it helps, but it doesn't actually give you much.