I didn't see this until after 6, but it sounds very interesting, where can I find the calendar for the next meeting?

Those don't sound too positive.

Sounds like Wagner met with the builder for Bennah Oaks and Nathi Townhomes. 

My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.

Tight inventory can definitely be a challenge, but it sounds like you’re taking proactive steps.

It does sound odd to me that there are no inspections allowed.

Let me know if that sounds good!

It sounds like your question is what is the conventional guideline on using these rents to qualify ?

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

I'm sorry this was your experience -- that certainly sounds frustrating.