The Norada Capital promissory notes do offer a high rate of return (interest), but I would not classify them as "high risk" because of the higher interest rates.To correct your comment, they ARE backed by hard assets and collateral.

Correct.

If you’re considering handling tenant placement and rent collection yourself, there are tools like Zillow Rental Manager or Avail that can help streamline the process.

Recently some tools disappeared (not mine).  

Quote from @Sean Graham: Quote from @Michael Plaks: Thank you to @Bernard Reisz for correcting me (again). 

Yes Guramrinder, that’s correct. 

You need to set a deadline for them to correct the issue, then follow up with an inspection or other method to confirm compliance.

Recommendations for you would be to keep super meticulous records of all the costs you’re putting into the property, so your tax pro can make sure you’re capturing everything 1) correctly and 2) in the most tax advantaged way. 

Asking in the correct forum will get a better response.Need a spreadsheet or form?

Based on the above is my understanding correct and the 45 day identification period and 180 replacement property purchase period (which includes the 45 days) both extended?