The longer you wait, the better, even though there is no direct language in §1031 about doing a cash out refinance after the purchase.

This is the first official feedback I've seen from someone that has joined. 

Yes there are some state specific languages but its rare on how they dictate JV's.

I just read my lease and there is language that states that if the tenant fails to comply lease , we have the right to occupy the property.

You need to be able to view any of those types of opportunities through two lenses... one is the eager learner that says, "Hey, they are talking my language, I can do this, I'm going to be rich, he has the plan and its so easy!!!"...

Just add novation language allowing the change of buyer name and inform the title company and lender of the change ahead of time. 

My first two liens were over the counter (leftovers in Baltimore language) both turned out to be home runs.

If I was approaching this I'd want chatbot that used the ChatGPT language model but was closed off from the internet and only trained on my data.

Was there any language in there regarding a buy back?

Official answer from Grocapitus - The Grid in Buffalo is built, leased, refinanced with sub-4% interest rate and 100% of investor equity returned, and is cash flowing, for over a year now.