@Colleen F.Adding time to the dead line makes tota sense, I added that only stipulations.

Any help is greatly appreciated as I am in a time crunch trying to find insurance before the deadline on Dec 9.

You make an offer and then the offer is countered or accepted and within the "due dilligence" deadline, you will have an inspection happen.

you are doubly protected if the new property doesn't have a mortgage on it and you can get cash out of it to refi the first at a balloon deadline.

MYbe you want to hold a little longer you won’t be coming up on any deadlines. 3 years can go buy awfully quick :)Don’t sweat the rate, those are good terms

It is the project management side that kicks newbs in the butt - full-cycle processes, managing subs, make ready calendaring, staying on top of AR and AP accounts, following through on deadlines with recalcitrant parties.

Deadline and General Rules.

I’ve seen a lot of 1031 deals go south as people rushed to hit deadlines and ended up with a dud.

Here are a few things to consider. a) Don't accept partial paymentsb) Stick to a hard deadlinec) File eviction immediately if the deadline isn't metDoing this just holds residents accountable to do what they say they are going to do, which is to pay rent on time.  

However with that being said, folks in this situation where they are paying much less than market will still likely be in the unit on the deadline with the excuse that they can't find anywhere (well...anywhere they WANT to move to and for an amount they WANT to pay).