While not as common, these deals are possible in unique situations, especially with motivated sellers.In this high-interest, low-inventory market, it's all about getting creative while managing your risk and time commitment.

What are common practices to remove them?  

Is this common problem in older homes in Texas? 

Lastly, it's common for the Buyer's Broker agreement to have a clause that stipulates the client will owe a commission for property which is covered by your Buyer's Broker agreement if you agree to a purchase agreement within 60 or 90 days of the expiration of the agreement.

Interestingly enough, its a lesson quite commonly adopted by real-estate investors themselves.

I think this will become much more common in areas where people are being priced out of the market.

. ;-) When foreclosures are common, (which they are not right now), I send out two thousand letters a week.

Best of luck, and feel free to reach out if you want to consider getting funding from a private lender as it is one of the most common funding options for MF!

Depreciation without a 1031 exchange is always recaptured.Partial ownership through a DST or simply purchasing part of a property as a tenant in common should provide the same relief.

Had 1) an assignment or 2) an entity acquisition been possible rather than a (fat) double-close, this would now be the end buyer's problem.