After 18mos (interest only note) I can convert to a different financing package.Good to hear I'm not off in left field; I'm sharpening my pencil and digging in deep.

These expenses could be $5000 up to even $10,000 for a sewer main if it is deep or involved cement work.Not all of these things are likely to happen at the same time, so you are not planning "worst case" as much as you are likely risk.

Agreed its truly sad that the wholesale guru's pitch this stuff like this or its all over the internet.. one thing to keep in mind is real estate has cycles and it has locations that make things possible when your in a deep trough of a cycle or in a area were there is limited demand from anyone expect investors ..   

The commercial is well written and touches something deep inside of you.

But the next future update will be much less deep-dive than the initial rehab to put this property into use.The structure of this deal financially has worked out phenomenally. 

I have no interest in committing fraud and want to know how panicked I should be over accelerating my timeline, or if I can breathe just a tiny bit on that date. 

I still have so much to learn but decided to jump in the deep end. 

Not saying I would try to be discrete about this as a buyer... more so wondering if sellers ever have an appetite to allow potential buyers the chance to extend leases before closing.Some background here- I'm a new industrial investor who is in fairly deep talks to acquire a small warehouse.

You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities and City of Detroit Neighborhoods:https://www.biggerpockets.com/...

They dive deep in the details of different markets.