A vacant month, turnover costs, paying your PM to fill the unit. 

If you have a large down payment (or the ability to cover negative cashflow), the East Bay's appreciation and principal pay-down benefits have been historically very strong compared to other markets.  

If the delay results in you not meeting the state deadline, then I suggest you make the PM pay for it or file a complaint against them with the state.Everything has an expected life span.

Drug out the process so long I had to pay additional EMD to save the deal.

I have read other people’s posts suggesting putting it in a trust?

Long-term tenant that always pays on time.

To your point and Collins point, I don't trust them they don't make my investment thesis.

Either I make a loss of $5000 deposit or pay extra $6300 to keep the same cashflow numbers in proforma the sales man showed me.I'll update my further experience here.

Let's say I have 500k down payment and borrow 500k, and the monthly mortgage payment is 5800, and out of that, 4800 is mortgage interest, and I pay 2500 annually for insurance and 10000 for property tax, could anyone please let me know how much UBIT I would be subject to?

For example, if you are casually chatting, you might find that the seller is trying to get together money to pay for their daughter's wedding in October.