They said it didn’t matter what Lee Arnold, the owner of the company, told me, the money wasn’t available yet.

If you're tax bill is $6-8k (minus the 1031 fees), surely you can make that up by taking multiple swings over a longer period of time.OR pursue some sort of owner occupied strategy with that cash if you can swing a live in flip or house hack.

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

It is a way to see the interiors of houses without obligation or disrupting owners.  

Condo board really wants owner occupants.  

Quote from @Janet Lancaster: Hi all  My name is Janet Lancaster owner of Jade Peak Properties LLC.

No owner is going to care if you print a brochure or show up with index cards written in crayon.

We asked the owner if we could start painting the house before the closing date...

The previous owner had it listed with them for weekly summer rentals.

If so, you'll want liability coverage, which can only be provided by the owner's insurance policy.You want to be INSURED not just have in Interest (which only alerts you about policy changes).