My search . . . or negotiation with the seller continues.

The unit remains "available" until the deposit is paid (in other words, I continue to show and accept backup applications, although I do not process them until the first applicants deadline passes.

I'll probably continue to lurk before posting, because I'm pretty sure all of the things I'm wondering have been asked already.

We will continue to work on it to improve the experience for everyone.Thank you all for your feedback.

I am sure they have a similar lease as I I had, which stated that after the 1 year if not renewed then occupancy would be continue month to month thereafter. what is the time frame a landlord must give a tenant to vacate in this situation?

ARV lending and other sources of private money are the last frontiers for 100% financing, expect for these sources to take on more relevance as the subprime, high LTV/low doc, investor financing sectors continue to evaporate.

I guess one option is for me to live in the last unit for 2 years to get the 250k tax-free bonus, and meanwhile use a equity line against the unit to continue investing.Andy

", to see how bad it can get if you continue with this deal.My only advice is to use one of the "out" clauses in your P&S contract to NOT cose on this unit.

Thanks again for the response Minna.One option I'm actually considering is that if I were to purchase a property (assuming, as you said, its a great deal), rather than sell it after a year, I would continue to hold it.

Of course, that's why the vast majority of newbies fail and I guess there is little you or I can do to change that (even though we continue to try).Mike