Giving you the unvarnished truth, you are the one who bought a retail business in a space with deferred maintenance and a short lease term left.

Competitive offer must be presented for validation with surname blacked out for privacy".The risk of using an escalation clause is that you've revealed your maximum price. 

@Michael EalyAs someone who is about to buy their first rental property I stopped myself because of this very dilemma you presented.

I would notify him that you were unable to wait that long and intend to inspected this coming week. if he complains about you going through the house without him present, offer to walk through it altering a FaceTime video chat with him.In the future, I recommend notifying your tenant that you would like to do an inspection and offer them two specific dates with two specific times on each date. they can choose one of those four options or choose to let you inspect on your own without their presence.

I'm not a PRO member, so I can't post the deal analysis, but here are the details:$350k purchase price$2500 in deferred maintenance I'd address nowClosing costs $42007% capex7% maintenance5% vacancy11% property management (actually 8%, but after all the tenant placement fees, assuming 3 new renters each year, I assume closer to 10-11%)Misc expense ~125 - lawn care and snow?

I gather that any investor over 20% has to submit financials.I defer to Brian on any specifics that he might add, as he is always terribly knowledgeable and accurate!

Self-directed IRA is an amazing way to take tax-deferred advantage of the cash I have piled up in my 401k, and funnel it into real estate.

I'm just tired of waiting for the checks/money orders to come in the mail and I don't want to deal with cash because I live over an hour away from my properties...I really only was accept electronic payments, moving into the present time. @ Bradley M.- Very true. lol.

Larger regional and national tenants often bargain for a TA  and get it since the landlord is often presented with a multi year lease - like 10 yrs with several 5 yr options.

Pictures and how the home is marketed or “presented” also are important factors.