The best outcome is the corp lease renews and I get more money.

If job prospects are good, prices go up. 

If I understand the law and my training correctly, I cannot discuss or directly provide any information on economic class, such as white collar, blue collar, or high unemployment, with prospective buyers, even if those buyers are investors or otherwise specifically ask for that information.

This is a relatively new thought and I have not looked into building code and zoning restrictions that may hinder the prospect. 

It could be argued that the Jan 22 notice gave you time to start looking for new tenants. 9 days rent probably isn't worth the effort when the outcome isn't clear.I would agree, be happy you got the property back in good shape.

Whether it's real estate or attempting some other business, timing and luck play a HUGE role in the ultimate outcome.The failure (or mediocre outcome) rate of running a business is soooo high - I'm not convinced the risk adjusted returns are any different from real estate.

The owner declined negotiating the inspection addendum and I have an out, but I think there is good long-term opportunity here according to my calcs - good cash flow + appreciation + stable rental market.To sum it up, my question is: in your opinion(s), when is it acceptable to purchase an investment property in a hot rental market at asking (or above). what would you compromise on with initial up-front cost (i.e. no rehab, appreciation prospects, etc.)?

Would that really lead to as bad an outcome as implied?

The prospective tenants always remark about how much nicer the garage looks than the other rentals in the area.

I am successfully able to get email addresses from a lot of potential prospects but I have nothing to send them.