All in all, it's not that bad but the Commission is strict so you have to be focused about deadlines, requirements, fees, etc. or the Commission will make you start over again. 

This will take time (sometimes causing deadlines to be missed) and cost money for each request.

Hard money loans are typically for short term projects like flipping or rehabbing with 6-12 month deadlines to pay them off.

For example, if you used say $30K and then missed the deadline, you could only put $6K back in that year (vs.

Hi Oleg, Be sure you know your deadlines and have a target property lined up before you sell into a 1031 exchange and be sure to use a qualified intermediary (you can't just put the money in your bank account).

You should reiterate the rules and make it clear that from this day forward you intend to stick to the deadlines established in the lease and act accordingly.

Tell them to that the porch is not for storage and should be placed in the home or in a storage facility.Give them a deadline for compliance (7-10 days should be sufficient) and a penalty if they fail to comply (this could be a fee, notice of termination, etc.).

Ask a 1031 exchange expert, but I don't believe you'd be able to qualify a property under construction that doesn't complete within the 1031 deadline and they are NOT flexible. 

If not, locate one to get the basic info and timelines, and be sure your RE Agent is familiar with the time requirements and will have the time necessary to ensure you are able to find your replacement prior to deadline, unless you choose to do a reverse exchange, which may or may not work to your advantage.

So the mortgage commitment deadline is on June 22 and the buyer’s lawyer states that they don’t have any obligation to move forward with it unless the tenant removal obligation is resolved.