It seems similar but could be less messy by having an actual termination date with an option for renewal. 

They should have gotten an endorsement or policy modification to reflect the updated value of the property.

This matters as it helps determine the "placed in service" date. 

If you make an estimated tax payment after the deadline, you can still get charged a small penalty, even if you end up paying more than enough for the year.

Update your browser to be sure you are on the latest version3.

If it’s been shown 10+ times without an app, it might help to refresh the listing photos after the paint job and carpet update small visual tweaks can make a big difference in perceived value.

Thanks in advance for any updated advice or suggestions.   

Thus far, you pay up front the wholesale fee of $15,000 for three properties.

Any update David?

What i am planning to do is move to colorado and start real estate investing, my best friend and i have chosen to partner up as he has experience from the real estate world and i have from the construction world.