So in that case you might could still cover the existing mortgage with the cashflow until you release the vacant spaces.

The custodian then will release the funds to an escrow company handling the closing of the loan.

In the OP's case, I would not release the person from their lease and that individual can either move back in or hope the remaining two people can make the rent.

@Russell Brazil I plan on adding dirt to form a gentle slope away from the building, both downspouts run about 2' away from the exterior walls and I can easily extend those.

If this sours them on extending the lease then even just a few days of vacancy could cost you significantly more than the cost of replacing the sink.Going forward, do a walk through with all tenants when you hand over the keys.

A buyer can’t extend the contractual closing without your permission/agreement.....you can agree or not.

On the Buyer Rep agreement, that sounds like bad business practice for her to slip that in the package of to-be-signed documents without mentioning the fact that it would extend to any property you buy through December.

Yes, it continues u til you record a release for it....which you will have to do at some point if you don’t buy it.

@Kiera UnderwoodAs long as you have your investment property listed on your umbrella policy, that property will be covered under your extended umbrella liability limits.

Considerations I have are grading the lawn, making the grass one uniform species, and possibly repairing/redoing the concrete areas and even extending the single lane driveway to make room for a second car.