I decided to go on with the property in Kenmore and went through the process. 

There is an agreement between NAR and the banks that it needs to be processed through a real estate agent.

They uncover a lot of problems with these properties.It sounds like you have enough to work with to appeal their process.

@Salome DitmarsThe advise you received on your post will take you some time to process.

We managed to navigate it, but it was a lesson in the importance of understanding both federal and state regulations.Given your location in Boston, Massachusetts, it's especially pertinent to consult with a qualified intermediary or tax professional familiar with both federal and Massachusetts state laws to ensure a smooth exchange process.

That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

They typically require a higher down payment and come with slightly higher interest rates, but they streamline the process for investors with nontraditional income.Finally, for long-term scalability, you might want to connect with lenders specializing in expat or foreign income borrowers.

The landlord can then proceed with the eviction process in court if the tenant does not remit payment.

Rinse and repeat this process over time.

Check w/ the City / County to see what the permitting process is, and what if anything you would have to do regarding plumbing / electrical.