Some people say that if there is no language in the lease about what happens at expiration, that it automatically renews for the same term (one year in this case).

Prop #9 on a Right to VoteShould every eligible Texan have the right to vote, made easier by automatic voter registration, the option to vote by mail, a state election holiday, and no corporate campaign influence, foreign interference, or illegal gerrymandering?

I was also under contract as well to basically buy and have to wait it out as we did not put a set close date into the contract and it was assumed that 14 days post-probate approval we would do possession and statement of adjustments.

Debris damaged the kitchen and all of the appliances.The claims adjuster has been to the house. 

Each them have gaps in the companies that can automatically link to. 

But for owner occupied, hand written letters work better.The next machine I'm buying this month is one that folds the letter and puts it in the envelope all automatically and will do 100s at a time, might be another 4-5k, but I'm lazy so it is worth it for me ;).

Are the potential budget cuts that will automatically happen if the losers in D.C. don't get their act together more likely to help or hurt the real estate investor, and how, and why?

Well, that assumes that the money partner has the ability, time, and knowledge to do all of that.For all things being equal, IF the funding partner has no time, no desire, no skill, and no experience to perform any of the duties associated with finding and managing a rehab flip deal, and the other party takes 100% of that on, then I think it is common ground to arrive at a 50% split each.From there, you can make adjustments and edits as one party made add or bring more to the table.

So the adjustment downward may not have been as much of a shock.What concerns me is that the US doesn't have any of these things in it's favor.

Having said that, to claim that the government is automatically an inefficient body it is gross exaggeration.