At the end of the day, I renegotiated with the seller that the 3 of us could take over his mortgage (in place for nine years and low rate) and provide him with some cash (10K) to walk away from the property after transfer of the deed. 

She is looking for a job in Utah County where she can learn the management side of real estate investing and is thinking about getting a job for a property management company whether she is working for free or as a paid employee she just wants to learn the transferable skills.

At the end of the day, I renegotiated with the seller that the 3 of us could take over his mortgage (in place for nine years and low rate) and provide him with some cash (10K) to walk away from the property after transfer of the deed.

My exchange company just said today they are not willing to do a reverse 1031 because of the transfer of ownership.

If you get a check book with the account you can write checks or you can transfer money to another checking account to use it like cash.

Enough digression...)Usually the lease transfers with the purchase.

For example, while you could use such accounts to purchase real estate, you could not transfer any real estate that is owned by yourself, spouse, parents, children into the tax-advantaged account.There are also some instances in which such accounts can be taxed, such as when investing in an active business or when using leverage.For a list of companies compiled by BiggerPockets, see: Self-Directed CompaniesFor more compliance and strategy, see: The Self-Directed Investor  

S/he can give you this notice either by personal delivery, OR by mailing you the notice plus posting it on the property.The landlord must transfer all deposits to the new owner.

The grantor can change that at any time, or sell the property, so this type of deed does not guarantee the property will transfer. 

A neighbor I’d known for a couple years was trying to FSBO at just over market as he was being transferred.