1) He has a full-time job right now.2) Credit score is good.3) Has 2 criminal records 10 years ago.

I wasted his time for a bit before I told him I know it’s a scam lol.He asked me what my credit score was, I told him 900.

We are now talking to the mortgage lender (the same lender for the three replacement properties) about securing a significant line of credit using the apartments as collateral so we can do some other short terms deals with "cash purchases" then refi, etc.Are there any considerations or gotchas/ endangerment with this idea the regarding the original 1031 exchange?

@Katie Stewart @Marty Bauer - I'm referring to extra information outside of a credit report such as a driver's license. 

I personally like Frank Wolfe's course at MHP University.

It’ll be a $450K conventional 30 year with a loan to-value-ratio of 65%.My credit scores are 717, 715, and 705.

@Brenna Wood what’s her credit score?

The bank said we could do 80% LTV, I would then use the funds to pay off some personal debt (credit card/ car note) which is around $400 in payments a month and then have 25-30k left over to put as down payment on another SF rental.

I've written to her and tried to request *address service* on that letter since that same lien hasn't been paid in the last couple of years.I'm guessing my best course is to consult a legal professional but I'm trying to get as much leg work done ahead of time.MY QUESTION: If I'm able to make contact with any of the 'next of kin' for either party, is it possible that one of the parties can claim 'adverse possesion' and claim rights if I cannot get both entities together on the deal?

There are, of course, many factors that go into figuring out how you would be able to survive such a downturn but that depends on what you invest in and your potential mitigation and exit strategies.