I want to stay as neutral as I can.  

You agree on who will be trustee, preferably you or a neutral 3rd party. 

Hello all,I just found the site on Thursday when my theoretically neutral options portfolio took a 2% loss on the S&P's tumble (don't even ask me how it went on Friday).  

You could have 20 properties and some of them are losing money, some breaking even, and some making money to have a net neutral affect.Better is to have properties that work and do great.

It neutralizes the odor instead of covering it. 

It would be hard for any person to remain neutral and "fair".

Offering and getting the property at ~$560k (possible, if unlikely), combined with getting rents up to market value, gets it extremely close to cash flow neutral (which looks like a lofty goal in Seattle - this 'deal' is par for the course for the other 5 recent sales I've analyzed in a similar way).Anything seem glaringly out of place with the numbers?

@Michael Hood will you be using Exeter 1031 Exchange Services (Bill Exeter) for your neutral facilitator?  

Yeah, a big sacrifice, but if you can neutralize the odor, think of what it might gain for her.

There are likely plenty of other forum posts to understand those costs and issues, I haven't done it.Then you would include as taking over the tenants (assuming you are month to month rather than a lease) that they will pay you only the base rent and they will get accounts set up to direct pay their utilities, and show them it is cost neutral to them.