I give them a deadline to respond, very clear terms of how we will move forward with the option they choose, and I make it clear this is my final offer.

If your bottom line is so tight that you are hand-wringing and making forum posts asking about a second colander, the problem lies with you.2.

Have tight due diligence and deal close timelines.  

Here are a few reasons to use the deferred sales trust over the 1031:The Deferred Sales Trust (DST) gives you the ability to sell high and buy low and relive the 1031 pressure of 45 day and 180-day deadlines.

If you want things to remain the same, money is going to be tight.

Some people are just bad with deadlines. 

Especially not when rates are where they are, inventory is still pretty tight, and rent/unemployment is on thin ice.

I changed my mind" is not a defense and if the seller truly put that in writing and OP doesn't otherwise bungle this by missing a deadline, etc., I sense this could be a winner.

Specifically:Licensed and Insured Contractors:Strong experience in fix-and-flip projects is preferred.Proven track record for meeting deadlines and staying within budget.Interested in building a long-term working relationship.Real Estate Agents:Knowledgeable about properties in Chattanooga and surrounding areas.Skilled in identifying high ROI opportunities for fix-and-flip projects.Open to partnering with an investor for repeat business.If you or someone you know is a great fit, please comment below or send me a direct message.

Look at all the differences in both rate and terms but most important in my opinion is their track record in customer service and meeting deadlines and closing.