Because quite honestly, it would be much cheaper to break the contract then it would to have to go through with it if you believe the tenant is going to stiff you on the rent and may extend the thing out for a significant portion of time.

I'm pretty sure that this was in an effort to extend the eviction process. 

The exit is important, you both may agree to amend and extend but the exit needs to be in place. 

Me again: With the right buyer you might be able to extend the closing date as close to the end of the year as possible.

----Here's the scoop----The seller wants the following:Price: $400,000Down Payment: $50,000Master Lease term for 3 years with an option to buy at $350,000 and the option to extend the master lease for 1 yearAfter doing our due diligence, we have concluded the following so far:Property needs about $30,000 of must-do repairs plus about $3,500 of basically necessary cosmetics for marketing purposes, so:Repairs:  $35,5000Vacancy: 6/10 units are vacant and one tenant has been served an eviction notice, so basically 7/10 units are vacant.

Their Option is up in two years, my Option is up in 3 years and is extended if I want to.

Josh Caldwell I have extended family in Boston, but not a RE network.

However, if you are eligible Solo 401k has several significant benefits making superior to SDIRA:- Large contributions level up to $60K/yr- Greater creditor protection- Ability to correct a prohibited transaction- Participant loan allowing you access up to $50K of your balance tax and penalties free- No tax on leveraged real estate- and moreBoth, SDIRA and Solo 401k offer virtually limitless investment options so you can diversify to the extend you wish. 

I'm leaning more towards using the Airbnb because of the more transient nature (so I won't need to deal with bothersome tenants for extended periods of time) than a traditional rental.

This cycle of over extend the governments has been going on for 2000 years.