It has been much more common to get a deep discount on the second mtg, since being underwater the bank realized that money is likely gone forever, so no harm in discounting it now.

You could counter that with then why keep parking in harm's way?

BUT some of the properties you find in Roxbury are going to be a much better investment than East Boston or South Boston.Really no harm in looking at ALL the neighborhoods since the market is so tough right now and any great investment is going to be swarmed by investor cash.

What's the harm?

I recently hit the 3 year mark of being tobacco free.Immediately I didn't even question the possibility that the evaporation/aerosol inhalation of two of the most commonly encountered food, cosmetic, and hygiene chemicals, glycerin and propelyne glycol, would be harmful whatsoever.I heard the hype, I asked doctors. 

They are a low cost of entry so I don't see much harm in putting 3 or 4 on your property and seeing how quickly you rent them out.

I don’t see any harm in sharing since the appraisal came in only $5k above our agreed price but I requested a few things that they are dragging their feet with getting back to me so I don’t want to rush getting them something that isn’t even required, to my knowledge.The current owner is older and responds very slowly.

California has a "Claw Back" law in place that could very likely make a 1031 exchange harmful in the long run. 

Like I said if you so not stand to lose or suffer what's the harm in giving them an additional month?

If we don't use it no harm done.