Market conditions also play a role, including the availability of contractors, appraisers, and lenders.

Think of it this way, for example...If your rent is $2000 but it is vacant for 2 months that means your effective growth income (EGI) for a year lease = $20,0000But if you lower it to $1900 & it sits vacant for only 1 month your EGI for a year lease = $20,900You can play with the rent numbers & how long you think it could remain vacant, but at the end of the day the most expensive route is vacancy.

Period.If he keeps playing games, I would a) walk away from the deal, and b) report him to the State RE Board.chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.ncleg.gov/EnactedLegislation/Statutes/PDF/BySect...

I golf, play a lot of softball, run most days, walk my dogs, do some real estate projects.... stuff like that. 

Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.

They are great as appreciation plays but that's not what most investors are looking for.C/C+ is where you're going to cash flow...

Doubtful this scenario comes into play.

@Timothy Franklin look her up on socials and you may be able to get some guidance, but this is playing with fire from where you are at now.

I also have rentals in Detroit that I get far higher rents with cash paying tenants than I would a section 8 tenant.There are a lot of factors at play and the answer to "why would the government allow our tax dollars to be spent this way?"

I'm playing around with a google doc to try to make it a public/or invite that we can post to.