Has anyone started legal proceeding that I can join.

Use the cash out as down payment to buy another property in San Diego.  2) Sell the property to do 1031 into a bigger and nicer San Diego property.  10% of proceeds will go to renovation, agent fees and etc.

Since it is vacant, this would probably work best with a conventional loan, and the proceeds would be used to pay for the reno + buyout. 

Then I explain my process in brief and simple terms: background check, lease agreement, collect deposits and ask if they'd like to proceed.

Your decision on how to proceed will depend on value of your investment real estate, the revenue it will generate and the value of your other personal assets (bank and brokerage accounts, your primary residence, other investments, etc.) .

Only one filer can claim that property if you read all the requirements. 1031 exchange would require all of the partners to agree on moving the proceeds to a new property and deferring their gain.

If you cash out refi you won't be able to deduct your mortgage interest until you deploy the loan proceeds on another rental - and you must keep them segregated until then.

I also know that doing a 1031 exchange will enable us to carry all of the proceeds from the sale as a deposit on a new property.   

I want to know of people’s previous experience with them before I proceed.

We would like to know how to proceed and whether the truck's presence on our property means it is legally ours.