We knew the property had an absentee owner who would be wanting/willing to close fast so it made sense to provide them with their perfect solution.

No one is perfect.

That is a perfect example of integrity in my book.

So going from a ranch to MF of any type is perfectly fine.In this scenario it would be possible for him to sell the ranch and take $250K or $500K of profit tax free. 

I was the HML he never came into title. but got paid on the hud.State put him out of business. when he got in a fight with a client who filed a complaint.. he actually ended up getting arrested because he did it again.So for him to continue I would charge him a transaction fee to put him into title then 2 or 3 days later the LA turnkey buyer would buy from him. and he got paid as the seller ... that worked perfect we did probably 50 to 75 of those.. until he fell back into his pattern of taking fee's on properties he did not own.. this was as stated Mississippi so that's two states. 

Yes, I attended your class (highly recommended for anyone listening) but apparently failed to take perfect notes (although I still refer to my google doc of notes).  

And it's not for everyone, and that is perfectly fine. 

That's works perfectly fine as long as you meet the reinvestment requirements and use all of the proceeds. 

If I'd waited for the perfect time to acquire my first door I would never have been able to get the rest. 

@Bill B. like Bill mentions we go through the house twice before we close with our sheet rock and painters to make sure its perfect ..