Your capital is available to do it, but that doesn't mean it will work out well.

They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

If 2 work out you’re probably onto something and can get bigger while barely risking principle…  

Doing nothing and expecting the market to figure things out for you generally doesn't work out.

The evictee will be in there giving great advice if anything doesn't work out...It's important that you document what you screening criteria are (a policy) and stick to it. 

If you find this route won't work out, and decide to keep it as an investment property, lenders will want to see the following for a short term loan: 1.

I’m just a young fella trying to work out SEO so here I am about to post my website link.

This could work out in the higher cash-flow markets here in Ohio, such as Dayton. 

I know that probably wouldn't work out and may not even be worth my time since it can be so hard to prove.

Then I work out an estimated rest of life (the building inspector did this as part of his report) and then I put in an estimated replacement cost.