He merely hadn't presented them to the seller yet.

There are additional benefits of depreciation, tenants paying down your mortgage and the reduction in your AGI by the mere fact of having a business.  

The choice is yours as to which you prefer Thanksf or the reply Russel, I understand your position, but do you feel valuation should be merely placed on all the brand new leases, which expire anywhere from 4-10 months from now, or a bit more on what the place has historically rented for?

Compare these to repairs and maintenance expenses, which merely keep the existing systems running smoothly.

These scores merely report how well your business pays its bills on time.

Many investors continue to 1031 exchange throughout their lifetime and then leave the property to their kids, grandkids or other heirs who will receive the property at a stepped up cost basis (capital gain and depreciation recapture taxes completely disappear), while others will eventually decide to merely sell, cash out and pay their taxes.

., etc. are merely going to “correct” 10-15%, or will they see a 2008-9 GFC correction of 30-40%.

First, I'm not merely a "good" choice. ;)  Second, Arlington is not "down the road" from Houston.

Do investors want to buy unlisted properties merely for the title of being unlisted?

Even if you just send a bill with no intention to sue, the mere thought of a lawsuit may motivate some people to pay or negotiate a settlement.Small claims court is relatively inexpensive and quick.