Or did we miss the part were your agent did put together the mutual release and send it to the listing agent ? 

Just keeping an open mind in case there is something I'm missing.  

And the best part is that I haven't had any missed rents because people weren't able to apply. 

I missed your Christmas wish, but Happy New Year to you!

You forgot to say, or I missed it, how much you paid for the property.

However, I also think that a lot of people who set out to pursue this strategy miss the fact that it is literally a lifetime commitment to deferring taxes, which by definition means not realizing the gains.

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

What am I missing here, feel like those are a good deal.

I would have missed that, and many others would too.

He missed significant repairs that turned a $10,000 refresh into a $60,000, 8 month rehab.