Hi BP, I’m stuck and could really use some help, when dealing with code enforcement leads, witch status should I focus on most to find the most motivation: Docket Information:-Not held but resolved-Dismissed-Continued-Return of service-Voluntary Dismissal -Civil Complaint-Defendant Defaulted-Amendent Complaint FiledCase Disposition:-Voluntary dismissal-Finding and order-Agreement-Pending

Are there any commercial brokers in the Memphis area that deal primarily with the acquisitions/dispositions of office properties and leasing?

You need to model in a conservative (higher) cap rate at disposition so you are purchasing at the right price to deliver CoC and IRRThat's it for now.

I would fill out and send the Security Deposit Disposition letter which would account for you keeping the SD.

I would take that 400K and invest in a number of multi-family syndication deals; earning 12%%-15%, with a good, double-digit capital gain at disposition.

In any case, be sure to let the former tenant know the itemized disposition of his security deposit within whatever amount of time your local laws say - in some jurisdictions, failing to do so may result in having to pay the tenant back more than just the original security deposit.The tenant left no forwarding address to return the security deposit?

Call up a lawyer that can help with owner finance (wrap) dispositions. 

If exchanging the 1245 property ends up being no longer allowable there will likely be an increase in partial dispositions and retirement of 1245 property or valuations showing that the 1245 property has little to no value.

What is your preferred method for taking control of a property with a first position lien?...and then what's your exit?

Terms of Consideration:In this mutual termination, both landlord and tenant agree to the disposition of deposits and financial responsibilities in the following manner: Landlord will return security deposit by June 6, 2018 less damages caused by tenants, missing items and outstanding utilities/water bills.We'll fill in the terms later but do you think this is good enough?