If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!

What if you lose your account?

If there's any equity there and they can't pay the mortgage they are going to eventually lose the house anyway. 

I would try and explain to her you're also losing out due to the cancellation.

Then in 2020 it turned out cashflow wasn’t guaranteed, the government could burn your cashflow to the ground and you could lose everything.

That’s assuming you don’t lose money to vacancy, capex, etc etc.

If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you. 

, it's still highly unlikely that an appraiser would have given value to this bathroom in any case, so we're not losing anything from an appraised value standpoint.Seller should be more than OK with it once you educate them on the fact that of all the offers they are evaluating, yours is the only one willing and able to execute a plan to close on-time, without delay, in spite of the flagrantly illegal and unpermitted bathroom.

Waterford, Houston, TX - Sponsors: Community Investment Properties, Legacy Wealth Holdings, Djuric Family Office - the claim is this is the first of their deals to lose investor money.

If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help.