How much of that 100K can I spend and not over extend myself?

You have no obligation to extend any further than that (and may have cause to terminate early, but again, that will depend on how the lease is written and how obvious it is that he broke the rules).

Tenant is not released from liability for lost rent and other costs to Landlord, if any.

Blake, 205 Ariz. 236, 69 P.2d 7 (2003), the highest Court in our state had the following question concerning acceptable methods for a tenant to exercise an option to purchase leased property and the availability of equitable relief to excuse the tenant’s failure to timely exercise the option.In Andrews, the parties entered into a lease option that purportedly extended the option to purchase until a specific date.

The extended distance shouldn't be a problem.

------------------Tenant is allowed to install a storage shed at the Tenants expense under the following conditions:•Storage shed will be Tenants personal property.•Tenant agrees to remove all parts of shed, including any foundation materials, within 30 days of the expiration/ termination of the lease.•In the event that Tenant does not remove the shed within 30 days of lease expiration/termination, the shed shall become the property of the Landlord with NO compensation to the tenant for the sheds value.•Landlord’s insurance will NOT extend to the storage shed or shed’s contents.•Footprint of shed will not exceed 230sqft.

I would hate for you to dig up the pipe just to find out that you don't have enough drop to extend it to were you want it.

Its not supposed to work like that, and this didn't extend to other styles nor to ranches without basements.

For cause shown, the court may extend the time of any installment, provided that the last installment is paid not later than 180 days after the filing of the petition.

I would probably ask for 3 year with an option to extend another 3 years.Instead of sweat equity into the property, see if you can sweat equity into your down payment and first few months of payments.