Due to the extended marketing period, submit a low offer

Looks like we'll need jam extenders as the company that installed the door ordered the door frame width too small.

Thats Huge if you ask Me,(I want to Invest in other Areas but i am hesitant b/c i dont have the LUXURY of Having "My Boots On The Ground In Different Areas",& It Would/Will Cost Money..SO START SOMEWHERE..YOUR HOMETOWN IF THATS WHAT YOU FEEL IS BEST AT FIRST..THEN CAPITALIZE ON BEING ABLE TO IMMERSE YOUR LIFE IN DIFFERENT AREAS OF THE COUNTRY FOR EXTENDED PERIODS OF TIME, (Wish i could get paid to travel/Explore Areas before Investing ) .After your First Deal , You could Realistically have Huge Advantages of going from "Zero 2 Hero" if your Dedicated.And Tell Your Hubby I Said "Thank You for Serving FOR ALL OF US".....YOU ARE ALREADY HEROS.

It's not that big of a deal to ask the seller to extend the contingencies until they do get it finalized or I just walk away.

I'd clean the land, slicing in 14 and resell to each owner to extend their backyard?

I realize now that I would have been better off paying the 2 points to extend the hard money term so that I could have done a cash out refi, but that ship has sailed.I need 80% or better to cover off the higher interest debt.

This is the type of property where you only need to put in a couple of solid window air conditioning units, and the tenants will be just happy with it.Also consider the fact that to replace those tenants and fix those buildings, you are going to go for an extended period of time where you simply arent collecting rent.

I am working wiht the realtor, so will have to pay commission 5% on that deal too. as I understand, the closing costs will be a lot less than with the regular sale, and taxes will be spaced out over years vs all at once.One the balloon period expires, they have to refinance (so I get my all money back) or extend it.What are the red flags I need to be aware about owner financing? 

I will be in Michigan for an extended stay later this month.  

Make sure you are not over extended and need to sell when the market is depressed and you will likely have a successful investment even if purchased at a market peak.Good luck