They are two separate sales agreements. 

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

It’s unnecessary and potentially problematic to add the ex-partner to the title before the sale.

I think the numbers work better for a refinance than for a sale. 

I would take all of the details of your current properties, project what the sale would be, and what does that leave you to invest?

By negotiating a significant discount, buyers can secure great deals while meeting the seller's urgent need to close the sale.

What is the current market valuation of the property based on comparable sales (defined as similar properties, within a 1-mile radius, within the last 30 to 180 days, that are within 10% of total square footage)? 

The other part sounds like it was a rehab and now held for sale, which does not qualify for 1031 Exchange treatment. 

Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.

Located close to the East End/Oakland where the universities are.