He studied so many options that he couldn't figure out which one to carry out.

If the house isn't winterized, check to see if the water meter is unlocked at the street (most inspectors carry water keys to turn it on);3.

Since your the lender, you will have to work harder on the closing and funding, but it could keep the carrying costs to a minimum.

Though the option does give both parties flexibility, it carries with it a common understanding that both parties agree to a mutual trust.

If you buy at the end of Nov, you can take a couple months for rehab, a month to market, that puts you in Feb. being on the market, usually a sloew month.But another factor, construction guys are usually out of work in the winter, so getting good help at lower prices might be a viable option, will there be enough work to do that you can save the interest expense of carrying the property through the winter?

I also carried out all necessary repairs needed to meet current fire code (which was changed months before I closed, just my luck!).

Your strategy is okay, it can be done, in reality, the landlord knows what it will rent for, getting it for a price and financing terms that allows you a profit will be the task.The LL who wants out is a good one to look for, they carry it and have no maintenance worries, leasing problems and tax advantages, so use those angles to cut your deals.

Trustee's Sale = foreclosureThe Notice of Trustee's sale announces that the property will be sold off to pay the debts owed - this is carrying out the foreclosure.

If I do not get it rented until early next year can I carry forward my expenses accrued this year?

So I anticipate being able to conceal carry soon.