(ps. the wholesaler already has already extended the contract, so this is it) Thanks all! 

Don't listen to the gurus and over-extend yourself.

My family has an SFR they're willing to sell me.  My folks are burnt out landlords essentially and tired of dealing with it.  I tried convincing them that they should find a competent landlord but I think the ball is ...

"Get signed estoppel letters from the tenants"...signed by both tennat and seller/landlordMake sure you are fully aware of your state landlord tenant regulations in advance, no point in risking being dragged into court by a tenant.Existing lease will apply for duration however many inherited tenants will often need to be evicted.

The guy would not accept cash to leave, he would not accept help finding another place, he just wanted to be a royal loser and make everyone miserable, in the end it took 2 different court orders, 2 different sherriffs, 2 different times to physically remove him from the property, the first time he was removed, he filed an appeal with the supreme court claiming he was a military veteran and in hardship, all false. in the end, i lost about $6,000, by having to extend the close date multiple times, and having to keep extending my rate lock, as well as losing the money from the potential rents I was expecting and having to pay bills in a property I was no longer supposed to be in as well. the sellers constantly tried to get me to close, but the sale was contigent on that apartment being vacant so my daughter and I could live in it. they offered escrow to cover the rent he wasnt paying until he moves out, but I needed to move in and it took 3 more months to get him out after they offered the escrow. either way It wouldn't have worked.

Remove the second master closet to extend the bathroom.

For such low duration, it is not worth your time chasing 1-2%.

You just have them call the utility company and transfer the utilities over to them for the duration of their lease.I would start hunting for deals as soon as possible if I was you.

If you were a first-time buyer in Denver or Colorado Springs I could direct you to good lenders, but my expertise does not extend to Houston.

(the refi would allow me to purchase a second property but extend loan by 13 yrs).Please help.