If desired by both parties, the options can give the new investor the right to receive cashflow and the ability to be bought out at the current market price (thus capturing appreciation) when you decide to exit.

I had a new PML ask me about the difference between a Loss Payee and a Mortgagee so I thought I would share some commentary from my insurance agent partner on the subject: Quick point of reference between the difference between Loss Payee and Mortgagee:Mortgagee: the Lending company/entity that lends the money for the propertyLoss Payee: an entity or party that has an insurable interest of said property.

They declined to pay the party (I wasn't even at fault!)

I'm confident there are many professional agents who can assist me and collaborate with me to make the business profitable for all parties involved.

Maybe don't tell planning contractor shops, sewing craft shops... to soften the sound of the use up, as sounds like less likely to dump something in the drains or kick up a party.  

There's a third-party neutral that serves as witness to the agreement.

In doing some 3rd Party research through sites like airdna, I am seeing that similar condos have GRI of around 60k which would put my CoC at around 25%.

We did it for two years before moving into the main house.The best part is you can still do refinances since it is technically owner occupied.

Here in PA, month to month leases can be terminated by either party with 30 days notice.

The hard part is finding a deal for the 1031, but, at least in my market, most of the cash on the sidelines is just watching the MLS just as they always have, so when I put more work in, I am able to make deals that work.