So, getting things organized is important.This may not work for anyone else, but it did very well for me:I was an air traffic controller in the Army after my intelligence hitch.

That's why I set up this self-directed IRA and LLC which I manage so I can have complete control (And yes, i'm aware of prohibited transactions in the LLC ... just preempting the comments that may come from that :) ).

This way you would have control the deal and explain to the buyer you have this property under contract to either buy and sell it.Tell the buyer this once you have it under contract: I have this property under contract with the seller.

After it is all said and done, you can walk away and say "you showed them who was in control", but what do you really gain financially?

I control it.

Here are two secrets:*** People who control their finances will always succeed over people who do not control their finances.*** Debt is a tool that will bring you down unless you have it under complete control.Read these again.

Remember you don't have to own a property to control it.Good luckPaul

Even mortgage lenders give favorable considerations to those that may have a bankruptcy due to events beyond the applicant's control, like divorce or medical bills.In the eyes of any regulator type, saying they must pass a credit check is not giving any qualification level to be met.

Negotiating Short Sales you have some control as too the timing of closing the deal as they are many stalling tactics you can employ. 

Is that rent generally controlled by the deal you set in the original 10 year lease?