@Ernest Grindle thank you for your response!

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

That would slow me down quite a bit and cost a lot if I needed to make 100 offers to close on one.Do you just estimate an "average" cost for those items and if something unexpected comes up during the inspection, would you just renegotiate the deal (making use of the inspection contingency in your offer)?

Usually go with non refundable down payment,  some type of monthly credit towards their purchase (only if negotiated ), buyer responsible for all repairs ( assuming home is in good condition when they are buying it) and if they are not able to execute at the end of the lease term offer an extension period with possibly a little more down payment. 

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

 @Natalie Schanne  Thank you so much for your response, it was very helpful! 

You have to mail to thousands and may only get 2%-10% response rate. 

Well, I felt pretty silly because his response was “Facebook, Twitter, or Instagram”.  

I'd like to have an agreement that has clauses that allow me to sublease to property, and stating that the tenants would be responsible to pay for any sustained damages while under the lease term, if they so chose to not buy the property.

Any response is appreciated.We are looking at multiple properties.