Lastly, non refundable option consideration should be fair and reasonable.

It was actually quite fair and expedient. 

I know the market is fairly investor heavy in DFW, and I can see why.

That almost sounds like a bargain though compared to the story I recently saw on the Fairmont Hotel charging $150,000 for a 3-night stay in their Presidential Suite that weekend. 

There is really a science behind coming up with a fair rent price, and tons of research to be done about the area before marketing rental properties.

I have been a landlord since 1982 and I have also flipped a fair numbers of homes over the years.A couple of years ago I discovered the "paper" side of the real estate investment world.

As someone else mentioned, it's probably best to hire a lawyer to do it properly. it's fairly cheap compared to the fines for an unlawful eviction.You can still call animal control, though, and have them do a welfare check on the animals. 

I have been a landlord since 1982 and I have also flipped a fair numbers of homes over the years.A couple of years ago I discovered the "paper" side of the real estate investment world.

@Matt Speer , to be fair to your contractor, every contractor I've ever worked with turned a 3-month project into a 6+ month project.Good luck with the next flip.

Hi there, I'm fairly new to this market of the maritimes, and I wish I knew more about it.