@Orion Deaton, It's a powerful tool that allows you to sell investment real estate and subsequently buy investment real estate without having to pay the normal tax on the gain from the sale.  

Subsequently the buyers who lose will then file complaints with the real estate commission who will also fine you.

No SP# and subsequently no file available to view at the courthouse.

Then you will have cash coming out your ears and subsequently be paying cash for those widwest properties. 

If a Court sees a landlord provided the tenant notice of breach, did not evict, then only did so based upon subsequent behavior, landlords have a stronger case to terminate the lease and evict. 

The rent just gets automatically transferred from the tenant's bank account to yours each subsequent month.

I have no idea what the tax code says, but I've seen people write this off on Schedule C with no subsequent audits to the best of my knowledge.

However, there was a bit of a falling out after ~85% of the work was finished, and the GC was subsequently fired.

I've seen info online referring to the buyer / tenant being foreclosed on and there subsequently being an auction... do I really have to foreclose on my property and put it up for auction? 

Has anyone had success buying, and subsequently converting, a predominantly POH community to a lot rent only community through contracts or RTO?