If a furnace goes out, you've got $50 toward capital expenses for each of your 100 units, which means each month you have $5,000 to use toward that furnace and whatever else is needed that month.

On the plus side, it's in the agent's best interest to close the sale before the auction or else he looses any chance of getting paid.I can't imagine what contract you have with the agent unless you contracted with him as a buyers agent.

Maybe you could share some of your double closings with everyone else?

Nice to someone else from the Austin area here.

Should they be providing anything else?

If in a SFH I'd let the tenants go buy their own, otherwise I wouldn't mess with it.A long time ago my wife worked for a LARGE consumer products manufacturer in their soap and detergent division.

Although, on the bright side, this will create a great opportunity to clean up their mess(es).

Let us know what else you find out there.

I've heard of people getting "bought" by realtors who tell them they can sell their house for a higher price then someone else.

7.Whatever else you want to know, ask!