Cause the way I read it is it can only be used for that.

In your Offer to Purchase, check the box [x] property to be delivered vacant at close of escrow.That way, no harm no foul if the deal falls through.

Cash on cash is a useful metric to compare investments, because it removes the effect of leverage (which tends to be different on investments, causing an unfair comparison otherwise).IRR was invented as an attempt to determine if any *single* investment is worth investing in.

The house I bought, I won with the escalator cause.

I've recently come to the conclusion that mold is the one of the biggest hustles in the inspection/home reno business b/c I see "mold remediation experts" charging tens of thousands of dollars to remove "mold" that isn't harmful to 97% of the population...but I realize that is an unpopular view.Anyways, about to close on a house that has a musty smell to the basement and likely some mold down there, so I'd be curious how you treat your properties with that issue - after buying them for a steal ;)

I can see how it could potentially cause some idiot to be a problem, but honestly if someone wanted to tear up a property or be a squatter, the doors being locked isn't going to stop them. 

The purchase sub2 the existing mortgage was NOT the cause of any danger or added risk in this transaction, rather the purchase with occupants who had a personal relationship with the seller was the factor which caused this long drawn drama.

@Tony Velez, Good way to follow up.. try to source the area and ask tenant in #2 to try and limit smoking times and areas if possible that's causing the problems,, people with asthma and allergies are more sensitive and could get a doctors note saying they can no longer live in unit due to second hand smoke and you'd be hard pressed to hold them to their lease if you can't solve the issue. 

It can easily cause extreme overages or far under numbers.

I must be doing something wrong cause I've started two threads now asking about this and both times my posts have been removed.