Multiple extension and renegotiated the price so you could reap a bigger profit?

I should mention the current condition of the building is great and really does not need extensive work.As it is now my monthly expenses would be somewhere between $3600-$4000 on the high end so it would cash flow about $800 a month.

I have not received any extension and I have not signed any remove contingency as well. 

I used to do extensive remodel work in apts all over Texas.

I use Pocket extension to Google Chrome. 

It does not have the right to assign, no built-in extension - no delay settlement language - no investor disclosures - no meeting of the mind provision -etc.We use a one page contract of sale, called THE SKINNY - that has everything needed to control and roll real estate.

I figured I am out of luck on that, but I am pulling my hair out now trying to get this last month paid.

Once the second applicant is screened, assuming the report is as good or better, I would go with them since the first has zero savings to cover short falls and could become a nuisance asking for time extensions on rent payment.

I work for a title company full time, have also been a residential LO, closing agent, abstractor - and everything started by me just cutting hair on the side and buying another barbershop with a handshake agreement.

I have done extensive calculations mostly in bergen county, and most deals seems to be between 5% to -2% ROI.