Quality over quantity.But I've seen some great posts with valuable info from newbies.......? 

I can see where it would elevate my efforts and provide a great standard to follow as I gain experience.   

So yes you can exchange it to save capital gains taxes on $266k plus 19 years of depreciation recapture.

I simply recommended the seller finance structure based on the current market rates to make it easier to sell since he has better rates than can be gained financing traditionally.

Very valuable information, thanks for sharing it.

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

There is a huge gain probably in a more efficient gas system then oil so they are already getting some cost savings. 

Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.

If you are looking to avoid cap gains on one, ok, but paying you a little more to become the bank is not whipped cream on a sundae to me, it's like one old walnut.

Most are careful about losing their valuable voucher so they are usually good about stuff.