Life is much easier when you run a tight ship.As for my biggest problems, they change regularly.

For that reason I am looking for your feedback to make it water-tight or completey destroy it.

Thank you @Robin Searle considering the fact that the seller sent me a contract without a deadline for the title insurance (yet later in the contract he mentioned that I can choose one)...

Wher are you investing or are you just holding tight and timing the market?

VA generally appraises on the higher side IMO and their margin is tight.2.

I've noticed that there is a tight rope to walk.

It was a deadline sale and the sellers were in a rush to get out.

We were going for another round of cash out refi on this building this year with a $1.5M loan, but rates are too high so we're sitting tight.

Is there language in the contract that addresses penalties for not meeting deadlines?

I think there are ways to make it cash flow positive but the ,margins will be tight no matter what for the first couple of years.We are approaching it as much with a can do attitude as we are hopeful that this will be a really good starter property for us and we can learn a lot.