Unless that arrangement was in the contract, they don't get a dime until the executed deedis sitting on the table!

It depends on your appetite for investment.Too many other less risky properties with excellent returns nationwide to pursue this type of stuff.Some people love it.I know developers still building with Go Zone in New Orleans.When it's about Government and money it will be a long drawn out ordeal.The Government takes payment fast and pays out slow.It's the American way>>>>>>> :)

Go into it full steam ahead, make a plan and execute and learn, learn, learn.

If you get blindsided on the day of closing by an unwilling Seller or Buyer then you probably weren't babysitting the deal well enough.Now if your question was referring to someone not actually being ABLE to get to the closing table (like an out of town or imprisoned seller) then documents are normally emailed/mailed to them, executed and notarized (they do have notaries in jail), and then over-nighted back.

A series of quit claim deeds were executed to transfer ownership to the correct person.

Someone who is young and single will be more comfortable with investing a high % of net worth on one project vs. someone who is married with kids.I will add to Sharad's response that it would depend on the level of protection is involved in the deal and the exit strategy (or speed to which it can be executed).Personally, I would be willing to risk up to 20% of my net worth and none of my spouses money (unless she personally wanted in on the deal, then she can make up her own mind)

Lee Greenwood said it very well in his song:GOD BLESS THE USAIf tomorrow all the things were gone,I'd worked for all my life.And I had to start again,with just my children and my wife.I'd thank my lucky stars,to be livin' here today.Cause the flag still stands for freedom,and they can't take that away.And I'm proud to be an American,where at least I know I'm free.And I wont forget the men who died,who gave that right to me.And I gladly stand up,next to you and defend her still today.Cause there ain't no doubt I love this land,God bless the USA.From the lakes of Minnesota,to the hills of Tennessee.Across the plains of Texas,From sea to shining sea.From Detroit down to Houston,and New York to L.A.Well there's pride in every American heart,and its time we stand and say.That I'm proud to be an American,where at least I know I'm free.And I wont forget the men who died,who gave that right to me.And I gladly stand up,next to you and defend her still today.Cause there ain't no doubt I love this land,God bless the USA.And I'm proud to be and American,where at least I know I'm free.And I wont forget the men who died,who gave that right to me.And I gladly stand up,next to you and defend her still today.Cause there ain't no doubt I love this land,God bless the USA.Remember, "Tough times don't last, tough people do!"

It may save you 10% in hard cost, but it also costs you your time that otherwise could have been doing some other productive money making chore.Not if you give up playing Warcraft online or watching American Idol to do it.

We executed the purchase option in July of 2008.

I've come to expect the .5-2% management fee on typical mutual funds, depending on their investing style, but my wife's investment "advisor" seriously expects me to redeem all the shares I have in no-load mutual funds so he can invest the proceeds in American Funds (5.5% front-end load!).