We still want to find a paying tenant for the sake of our client, but are trying to think creatively of ways we can decrease the time the property sits vacant.

The reason this is an issue for me is that I think I can use suspended losses from other real estate to negate some of the capital gain from the exchange if its divided by 8 and then I could just decrease the basis all together.  

Just wary of how frothy things are now...Everyone is a little nervous but (barring nuclear war, which seems like a decreasing risk) I see no reason for the local music to stop.Is it a silly time to buy? 

Another fear of mine is that he knows there are too many non related people living in the house at one time and the decrease the number of occupants after I have made the deal will drop my ROI and it will have been a poor deal. 

@Harris Dy I'm also looking into a single family that needs some work so I can both build equity and decrease my monthly rent/mortgage cost.

Do they increase or decrease due to supply or what?

When I sell my house, does the basis decrease by $10000  or $5000 every year?

Obviously a 30 year payment plan would decrease the monthly amount. about 200$ if I am figuring correctly.

The market has seen a lot of national hedge fund investors that are buying up markets which will decrease available inventory and increase property value. 

They should check if they are insolvent or speak to their CPA about other ways to decrease tax liabilities if they have them.