A condo may requires very, very little maintenance, but if you don't want to deal with the bills or interacting with tenants a PM is the way to go.

If the numbers are right for where I'm currently at, Id be elated to work with you on any type of deal with the goal being to  provide value in any way I can to foster future partnerships within the community.Thank you all at BiggerPockets for creating such a treasure trove of information for us newbies and I look forward to creating meaningful relationships with members here in the future.

@Dave Foster - good point@Justin Frye - my feedback is assuming the property would achieve my performance goals even with the new debt service created from of the refi

I am just wanting to get a better understanding of the interaction between the wholesaler and buyer. 

Are you wanting students that are aging out of foster care or people with mental health issues or seniors or... there are lots of options but I’d be nervous about why it’s vacant and being foreclosed.

Anything less than that could be taxable I believe.Not 100 percent sure so I’m tagging Dave Foster who is a 1031 expert

With equity investors, its a bit different as those are longer term relationships that I want to foster...so again I yield to their desires (within reason)...even in cases where the smart financial move (for that deal) would be to buy them out as early as is feasible....I will let them play longer (and make more money) and then buy them out when I know I have the next deal on deck. 

Hello @Will Foster  congrats on your loan approval.  

Perhaps 1031 expert can help you out: @Dave Foster can you please chime in.

Nope... but @Brendon Foster does.