If you are working on wholesaling a property in probate, do you specify a potential closing date on the PSA or leave it open ended as "Upon probate approval"?

A potential homeowner—with multiple financing and inspection contingencies—didn’t have a chance of winning the contract to buy a home when competing against the no-contingency cash offer of a fund.

NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com

One of our local markets is #5 but I think there are other markets in our area that have more potential. https://www.airdna.co/best-places-to-invest-in-vacation-rent...

This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.

Hazard insurance loss payee is in same name, bank account as well. 

Looking into potentially Multi Family or what size of home will capture the most value.Lot 2 661 SqFt House Rehab $5,000Lot 2 1392 House Finish Construction on Foundation $140,000RentLot 1 TBD, We’re hoping we can construct Multi Family for max rentLot 2 661 SqFt House $750/moLot 2 1392 SqFt House $1900/moRefi/ExitLot 2 ARV $350,000$80,000 Cost of Land/House/Foundation$5,000 Cost to Rehab 661 SqFt House$140,000 Cost to Finish Construction on existing FoundationLot 1 ARV TBD$50,000 Cost of Land in AcquisitionTotal Cost TBDUsing a DSCR 75% LTV 8.3% 30Yr Cash Out Loan, I Estimate we should be able to pull out approximately $255,000 after fees/points.

Instead we are selling some assets and then performing a cost segregation analysis on some of our larger deals to help defray or eliminate capital gains taxes, and just sticking the cash on our balance sheet to better position ourselves for a potential market shift.

However, I am seeking advice from the community on critical points to consider before approaching a potential investor with this proposition.I understand that every situation is unique, but any insights or personal experiences you can share would be immensely helpful as I navigate this potential partnership.

.• Select the properties most similar to mine, and use the minimum rent of these as my minimum expected rent potential.