My husband is healed up and back at work full time, W2, making $95 an hour as an IT Architect with a large, national IT service provider.We had extended the purchase contract last year to this October.

When looking at SA be sure to ask yourself if you can afford the property tax and mortgage if the property sits vacant for any extended period.SA is located in Bexar (bear) County.

@Chris Shepard The furnace is an older (25 yrs) gas and the gutters have been redone extending away from the house.

But this 3-4 month stretch has extended me. 

I want to add a clause that if mutually agreeable we could renegotiate to extend it if desired.As a side note, we would be buying this through an LLC that is made up of three SOLO401Ks meaning the funding needs to be Non-Recourse.

I own 2 Properties right now and extended an offer on my third...

@Will Barnard you're right, it was a very short post without much clarity or explanation.What I meant to express to @Joshua Jackson was that I don't think it's a good idea for a new investor looking to get into buy and hold to pick up a residential rental property in one of the country's most volatile real estate markets, during a peak economy (which has been extended artificially moreso than any bull market we have seen in our lifetimes due to multiple rounds of QE- now called POMO), with a long with a long term hold strategy. 

And a ten year lease could fit the definition since performance is outlined for an extended period into the future without any guarantees that performance can be achieved. 

@Cody Richard I am not sure if the seller would ever be protected but a suggestion is - if that happens ask the seller if he would be willing to extend the lease term until prices get better.

I've rented to those guys before.If I was you, I'd get 1 or 2 BR places and make them into extended stay STRs for traveling medical professionals.