They will be able to hold it for up to 180 days to give you time to sell your old property.The complications with reverse exchanges and lending is exactly what Bill asked. 

You should have ran this question as Anderson Business Advisors was suggesting this set-up.The set-up is also difficult to understand that you likely have to engage your attorney everyyear with questions that you have where they would be billing you.I like the slogan regarding keeping it simple.

I have minimal plumbing experience and thought it would cost me way more than what the actual bill was.

@Andy LanyiGood comments on how to reduce tax bill. 

(M2M Lease)A couple days later Tenent texts me and says they have left the property effectively today (bf doesn’t help out with bills, drama, etc). and wants off lease. 

Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision. 

In truth we could have started with 10 great ones and wound up so much better off over time Powerful advice!

I will just have my bookkeeper bill a flat amount monthly from Jan 1st on. 

Well right off the bat if you're interested in wholesaling, and you're in Maryland you should familiarize yourself with House Bill 301 which is likely to pass.

It puts the brakes on big power company’s power.