This guy sounds like a character.

It sounds like this may be a loss but I am sure you have learnt from it.

Sounds like you don't have a living trust yet, which likely would have you and your wife as trustees and beneficiaries as well. 

It sounds like an address error, what did support say about the issue?

This sounds like a great strategy to me since this would substantially lower my down payment in a deal.

Sounds great thanks for the feedback 

Sounds like you're in an exciting position to start your real estate journey again.

Identify the market you want to invest in (it sounds like you've already done this)2.

Sounds like lower non qualified / qualified ratio is the way to reduce CGs and depreciation recap.Furthermore, 1 property is owned by my elderly mother and can future reduce CGs via step-up at passing (assuming current step-up tax law)Property 1 (CA Condo $800k FMV, $450k basis, 10 year owned as 2nd home, wife+I are owner)Rent 2 year in CA (24mo rule), 1031 to WA, rent 1 year before converting to primary residence for 5 year before sale.Is qualified use years 10 (2nd residence) + 5?

Doesn't sound like a lease option at all.So, after 5 years you get the $2k-$5k down, the little bit of amortization payments, and the difference of $875/mo and $667.33/mo?