Additionally, send a demand letter to the buyer for the earnest money if they failed to obtain approval within the required period in the contract. 

And its better than sitting on the side lines wondering , because if you fail and determine that its not right for you, then at least you can move onto something else and try to grow doing that instead.  

The other question is did they just fail to turn in an inventory checklist at move in, or were they not provided with one?

So I can put my terms, such as a non refundable deposit, rights to the contract if assignee fails to perform on C.O.E, rights to communicate with escrow agent after assignment.Im not a realtor, new investor.Any escrow agents in SFV, California whom are familiar with assaignments

Could anybody please explain to my these 1013 rules below with examples in numbers keeping in mind that my numbers are:purchased for 250 all cash dealsold for 600 - 30k for real estate agent = 570KTypes of Replacement Properties to Identify: Three properties without regard to their fair market value.Any number of properties as long as their aggregate fair market value at the end of the identification period does not exceed 200% of the aggregate fair market value of the relinquished property as of the transfer date.If the three-property rule and the 200% rule is exceeded, the exchange will not fail if the taxpayer purchases 95% of the aggregate fair market value of all identified properties.I do not understand exactly what "aggregate fair market value" means and especially the third point is a mystery... if you made it so far ;) and understood I misinterpreted the BOOT, could you please explain it to me with a clear explain in numbers?

When that fails, they sell it at public auction.

I would not consider an upgrade until that unit failed.

I’m not worried about getting denied or failing but I’d rather have the right direction to go.Trying to find out answers is not a bad decision.

It is also becoming popular for business looking to exit the "failing" state of Illinois while not moving too far from their usual base. 

One such example is for a slip and fall after a snowstorm, you self manage, you failed to cleanup, you as the manager would be sued for negligience.