I have a few ideas, so I'll PM you after this and explain, but that's so stupid and shortsighted because here in WI, as in I'd assume all 50 states, if either side misses one of the contingency deadlines, that nullifies the contract and that's not some WI Realtors Assoc. rule or anything like that, its just plain old contract law!

The town I am buying in is growing rapidly (Manhattan, KS), so the market here is tight.  

Just like the SFR market here in DFW, the MFR market is tight. 

We have done very well in the class A market watching our tight margins.

Marie Poe I use the standard Florida Association of Realtors residential lease which is a fairly air tight 7 page lease and it doesn't have any estoppel provisions. 

Ideally I was looking to invest not far from the house, so I could check on it daily, to ensure deadlines were being met.I was pretty confident in all of that since I did it for our house.

I have been looking closer at other areas of the country as well recently because of my tight cf market.  

Manage your contractors, have definitive deadlines to address the renovation in short order and be in regular communication with them. 

No objections, but we're in a very, very tight rental market here.

While you don't want to just spend money you don't have if you did have 1 person lose a job and income is really tight for a few months you have more options.