Pressure is a great motivator.After a reasonable period of time contact the owner and inquire as to whether he is interested in selling.

Now in a 1031.I have a few weeks left on my identify period.

Once a good amount of time has been wasted during the inspection period, come to the sellers with the list and a realistic total estimate that you have for the repairs.

All cash, 100% of purchase price  as earnest money going hard on signing, short DD period, no DD period, no financing contingency, a track record of other deals in the area, and above asking offer.I have see all of these used on different deals.

One of my rules is to require 6 months at their current job because this is the standard probationary period for the major employers in the area.

Hard money is for a short period of time so is better suited for a flip than buy and hold.

You'll be in the option period and can renegotiate or terminate the contract if there's something you don't like.

I am going to self manage & I have a couple other quick questions :I would like to set up for my tenants to only be able to pay their rent online, which website do you recommend for easy of use, efficiency for tax reporting & is the best for the cost of use?

That said, I would think the most important contingency to include in any real estate contract used by an investor would be the general inspection contingency / study period.

Transaction coordinator.. if your highly efficient this is an excellent position for west coast folks my wife pays 400.00 a file to her transaction coordinator and will do 30 deals a year.. so that's 12k from ONE realtor most coordinators once they get a rep will have 10 to 20 agents.. easy to make 100k or better your not going to do that wholesaling on the west coast starting out.3.