Nobody has a crystal ball.

This will also help me get my first deal under my belt and make it that much easier to get the ball rolling to start into the next deal, and the next, and next, etc.Let me know your thoughts on this so far.

Instead of walking away, try a low ball offer as suggested above.

Im not saying your going to get black balled since thats probably not legal agents sure can treat you different then other clients if they think your a waste of there time.

Once the option is either exercised or has expired, the tax is then due.

Do you want to exercise this right or waive it?

I have had offers accepted after 6 weeks of holding tight on our low ball offers after others fall through awaiting con financing.

If it is a pretty house in a really good area, go for it.Separate market rent and add a monthly option payment for the difference.Move in option payment, plus 1st and last, plus monthly option payment.I like tying the exercise price to a new appraisal, as the buyer deserves not to get gouged by paying above retail.Ex) Exercise price = new appraisalMarket rent = 2200Mortgage PITI = 2400 Seller wants 2900Rent + option per month = $2200 + 700 option per monthAssignment fee = 3% or say .03 x 284K = 8520.You could have a formula for exercise price as new appraisal + $8520 so the seller nets more money.

The carpet cleaner noticed that all of my plumbing ball valves had yellow handles.

File a lien against the two units that are not paying.Make a low ball offer on the short sale (maybe both short sales) citing the special assessment as part of the reason you are making the offer so low.