I had the tenant sign a 30-day extension of term addendum, for the month-to-month rental amount guidance provided by the existing lease.

I use it extensively but I have 15 to 20 turnovers a month.ShowMojo syndicates your marketed listing to around 50 websites.

On the other hand, most beginning investors can't afford to lose their shirt on their first property, and there may not be any things for them to spend their time on that are more valuable than the due diligence process, so it makes more sense for them to do extensive due diligence. 

He has extensive knowledge in different investment types and strategies. 

Extension feesHope this helps,Michael

This was by far my most extensive remodel.

. $10,000 Down with a one year at above the going rate to give me time to fix up and refi with a Bank, with a one year extension if necessary.

The issue was unfortunately too extensive, and a wall-to-wall repaint was required.I went through the move-out letter process that @Steve Vaughan recommends, but they did not really follow the instructions provided -- or at least, not to the standards I would have liked.

The seller of the property I am trying to buy really dragged his feet to get to the closing so I asked if he could pay for the rate lock extension since it really is his fault.

Currently I am looking to buy our first home and I'm divided over what property to buy in SoCal.We have been looking at homes built on the 50's or 60,s  with 3 beds and 1200 to 1500 sq feet listed for $700K to $750k most of then need seriuous updates and very extensive reno work (Over $60k reno cost) My idea was to do a live in flip and force equity.