.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

Taxes are another loss that needs to be taken into consideration. 

about the condition of the property, if it truly is this much of a "steal", and likely hesitate to pull the trigger. 2) Take a risk on a property in the city near me (cheap prices, high turnover, poor schools, low income), which is not a great city for real estate, that I can buy entirely using my HELOC.

should this earnest money in this case be solely my fee or should it include other considerations?

Tough margins, especially after taking into consideration periodic and major repairs.  

.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

For and in consideration of the Option Fee payable to Optionor as set forth herein, Optionor does hereby grant to Optionee the exclusive right and Option ("Option") to purchase the premises (land and improvements), upon the terms and conditions as set forth herein.

.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

Louis market is tightening up considerably across the board.

Hi All,My 4 unit has appreciated considerably and looking for the best way to access equity.