(You can rent two rooms to the same party but can't rent each room to separate parties.)The process for handling violations has been revised to a tiered system, so you're not automatically going to a hearing because a nosy neighbor complainedMaintain $500,000 of liability coverage.Can't use the STR for large gatherings like weddings or commercial events

The other part is timeline to sell.

Here are some of the systems we have put in place to try and mitigate some of the issues we are seeing: 1) Always recommending 1 of our attorney's to either the buyer or the seller so we can have clear communication throughout the process2) Sending out and introductory email once assigned to all parties involved (buyers, attorneys, etc) asking them to begin updating the title and abstract ASAP.

I have a question regarding working with real estate agents and protecting deals that are not under contract from being taken by another party. 

@Jeremy Windholz, redeeming party must pay for your casualty insurance plus 12% per year interest whether you have a tax deed or tax certificate. 

You really need a Termination Agreement signed by both parties because contract dates are actually not absolute unless it includes special verbiage like "time is of the essence". 

So, the party that started the 1031 exchange is the same party that completed it.My Story:My wife and I sold a property in New York that is under our individual names and we are doing a 1031 Exchange and still within the 45 day identification window. 

I have a wide professional network of high income earners who do not do anything with their money and I have already started the vetting process of talking to some of them... mostly randomly at kids' birthday parties. 

Refi the property with a 3rd party lender and pay back the loan. 

In that process, all interested parties are notified, where they can either defend or they lose their rights by law.