Trying to determine if the tight timeframe required by the seller is necessary.

Challenge is the ability to refinance.

It's all about the investors ability to exit out of the loan and having multiple exit strategies. 

There are lot's of options so you need to determine your skills and passion and find a possession that suits both.

@Heather Frusco It is obviously your prerogative to means test your tenants to determine if they need help.

Answer:   I would have to review the entire Contract, including the provisions regarding loan contingencies etc. to determine your actual obligations but if you have legal counsel, then you should follow your attorney's advice. 

Now if they say no, you have the ability to question their reason, "where did you find that"?

Competence, strategy, ability to execute, client experience, and ability to connect with other professionals play a role.It's not a commodity.

Thanks,RDIf the market norms are to charge 1 month's rent as the leasing fee, do you really think going with a Property Manager who's only ability to compete is by not charging market prices is the smart play?

Investing locally would be good so you have the ability to manage the property yourself when your property managers are dropping the ball.