Only way you made money on this deal, and avoided everyting being eaten up with title & recording fees and transfer taxes, was by flipping the contract - also known as wholesaling.Why can't you just call it what it is?

I am not sure what the pushback is other than not wanting to pay attorney fees.  

He has a contract with the seller which will then be assigned to me for a fee.

It helps me to feel more confident in allowing the termination and waiving the fee.

Filing fee is like $25 or something.

I'm hoping to see more of this and praying it gets passed bc we have 2 strs in Hot Springs that have been slapped w/rediculous annual fees and investment hindering regulation.

Its like 100 bux a month, meaningless fee for them to handle it all Good luck  That was a momentary lapse in judgement lol.

Because you have to keep the same taxpayer as owner from the relinquished property to the replacement property I'd worry that the legal protection you'd want for a development TIC won't be there.DSTs have high fee but probably are the best path forward for someone who wants to be fully passive and avoid legal risk.

The only downside for me is that they use a credit card which my property management software charges a fee for.

I would keep in mind HOA Fees and Assessments.