A few days later the water had stopped flowing into the home, and we went and shop-vac'd all the water that remained in the house.

If I apply the proceeds from the sale of my Texas property to the Colorado property, it will immediately shorten the remaining loan period from 27-1/2 years to 5 years.

If Buyer and Seller agree in writing to an assignment of this Contract, the original parties to this Contract remain obligated hereunder until Settlement.”Compared toBIGGER POCKETS Wholesale Purchase and Sale Contract“ASSIGNABLE CONTRACT: BUYER MAY ASSIGN CONTRACT IF FINANCING CANNOT BE SECURED.”The two things I would be cautious about in using the Realtors sales contract if one's intention is to wholesale only is: 1) the assignment/wholesaling of the buyer's right requires the seller's approval, and more importantly 2) the original parties, meaning the initial investor, remains liable until settlement.

There's lots of FUD right now and the trick is to remain calm, be patient and let all the dust settle.

The vacancy rate is a percentage of time you expect your property to remain vacant each year.

They will get distributions from the remaining cash flow.

After a few delays, and to the point of move in day (March 15 adjusted a few times over) with no keys or solid move in date, I had to extend what was my current lease at a premium to remain in my previous home.In the meantime, I was looking for other properties in the area to rent just in case, and wouldn't you know it, the property is again advertised as a vacation rental with immediate availability.

Will have a year and a half of landlording experience by the time that happens, and 2 signed leases through Summer 2018.I did a significant value-add and renovation to my first property, and am planning on 1) Doing a cash-out refi with minimum 20% equity remaining (this is in progress right now), and 2) Renting out both units, including the one that I currently owner occupy, and purchasing a second multi-family home.I live in a hard area to appraise, because sales of decent, or great (mine is great) duplexes are so rare. 

Their dog is likely destroying the lawn, and that would remain the issue even if I take over the lawn care ( which I plan to do from now on)

It's currently wired 3-phase, and being a boiler room, is plumbed with both NG and water.I'll likely provide the labor to relocate these pieces but they'll remain under his ownership.