A 1033 exchange is specifically for involuntary conversions and catastrophic loss situations like yours. 

It sounds like you are missing a conversation with the tenant to understand the situation.

I am a similar situation. 

Is anybody able to find renters without pets and is there a way to handle the emotional support animal situation.

@Nick Belsky gave you great advice.In this situation, best to keep it as simple as possible, and I often give two offers; first, perhaps an all cash (way below market) and let the owner know that it is what it is--a below-market offer.#2 would be the seller holds the financing--I wouldn't go to a 30-year amortization, especially with an 80-year-old seller. 

My clients want to submit an offer of $230K.Btw, this is a Texas market.As a seller’s or buyer’s agent, how would you respond to this situation?

The closest I've come to your situation is similar to one in which a tenant wanted to cut the grass, for which he wanted to get a reduction in his rent.

Let me be clear, I'm not the wife in this situation.

I generally know what that means but I don't know if there are any potential cons with this situation.  

Hi everyone, I’m looking for advice from anyone who’s faced a similar situation or has experience in this field.