An 18-20 month turn around time is a long time to have cash tied up doing nothing for you. 

You have $600k tied up.

I work with investors wanting to invest out of CA but wanting to stay a bit closer to CA due to their jobs, family or other ties to the state. 

I know he does not live in the unit but my hands are tied since his name appears.I responded with “I’ll have to see if thats possible, we have started advertising the unit for July 1, I know we can’t take partial payments.I know you weren’t able to open the unit for today but I just need to get into the unit tomorrow to take some pictures for showings.

The income and expenses will always be tied to you bc the mortgage is in your name. 

The fees on holding aren't really the issue, it's having our money tied up.

That’s the best news.Rent vs IncomeNow, we have to tie this back to real estate, of course.

The Buyer has no skin in the gameIf someone is approaching you to buy your house without a mortgage or conventional financing and are tying you into a long-term contract they better have some sort of collateral that they're putting up.

If you close before Dec 16th you don’t need to submit a 45 day list for property #2.If you can not purchase one of the propties form property #1’s list you can make a new list for property #2 since it contains more than 60% of the gains you’re tying to shelter.

Do not give them any money until you check the property and get the keys...also check that any bills tied to the house that they may have been paying are up to date.