The nursing homes tend to require that all assets are liquidated and turn control over to them unless someone can demonstrate enough liquidity to be private pay.

The "you should be careful" replies are to investors with the grand plan to save a home from foreclosure... often by taking title and then lease option back to an occupant who's already demonstrated cannot pay their mortgage.

Examples like the Houston Chronicle Building, the Rice Hotel, and the Allen Parkway Village demonstrate successful transformations.

Demonstrating your expertise and commitment to cost control is a considerable advantage.

I will spend over $5,000 in food and school supplies for that food panty this year.Personally, I think that landlords will impact their reputation by demonstrating that they are more than just money grabbers taking money out of the community. 

The fact that it remains relevent today, demonstrates the power in their tool. 

You'll just want to make sure, if ever asked, that you can demonstrate that your intent was to hold and something caused you to change that intent (a surprisingly disappointing rentability???

Anyone honest is paying their workers by check, demonstrating regular deposits in their business bank accounts for their accountants and the IRS, and paying their vendors by check.

If you want to defer all tax you must purchase at least as much as you sell and use all of the proceeds from your sale in the next purchase.It's such a messy gray area of intent and how to demonstrate that intent.

Even if you end up in court, I think you'll have to demonstrate that you have taken action to re-rent the apartment, you can't simply claim they didn't, but what their responsibilites are, what yours are, and proving they did or didn't, well, that's something you'll have to hear from a lawyer.The ball is in your court, not theirs.