By midnight on day 45 you must have a list in place and from that point it cannot be changed and you must close on one or more of those properties.You do not have to be under contract in that 45 day period but it's a really good idea to mitigate risk. 

However, in my opinion that is much more of a business than a passive investment because there is a lot more day to day involvement (i.e. cleaning, advertising, changing rental rates based on day of the week/time of year).

Something has to change or this will continue.

If he doesn't find something that changes everything I will have a conversation telling her I will allow her out of the lease and that she can start looking for a place.

These events are exciting, engrossing, and have been life changing for many people.

Not going to change the world but since I'm not betting the farm I am ok with a little risk. 

Hopefully, that will begin to change....I have heard Rutherford and Davidson Counties have better ROI's.

It's not 2005 where a week changes your rate by 2%.

Circumstances change.

The climate is rapidly changing, full time agents are becoming more and more self sufficient, however, very relying on technology.