I always pass on people that want to change my business processes and practices.

But I will take what you said into consideration.MattWhile I agree with Ryan's statement below in theory, in practice it puts the buyer at risk.

William,Not sure about Landlord/Tenant law in your state, but in Colorado, a landlord can state similar language in the form lease, but as a practical matter, you will only be entitled to be made whole.

Is there a title company in CA that will do a double closing or a simultaneous closing?

Their lending practices drove the demand up astronomically against a fixed supply therein driving up the prices.

Stay away from REO's unless you have secured cash to close.This is actually called a "simultaneous closing" whereas you use your C buyers funds to close the A-B transaction.

Practice ASL for 10 minutes daily (just started classes last week). 

There are always deals out there, for those that are willing to hunt for them.I do think in practice finding someone that will pay 1% less in cap rate is fairly big jump. 

Also is it common practice to pay the contractor for giving you a bid whether you buy the property or not?

Any help in some "best practices" about private lending, and guidance on securing a good lender would be great.Thanks in advance!