The same principle applies to real estate syndications.

Sure, you can apply a huge contingency to anything as a safeguard but that won’t help you win many deals.

However even if you make more money than the requirement you can use a portion of your income to apply.

Btw, this all applies to owner occupied SFR sellers; commercial or investment property falls under general commercial transaction regs 

However Becoming a Part of Renatus or Becoming a Part of a Different Real Estate Investing Education Company, it all comes down to applying the knowledge that is learned.

I'm being nit picky on purpose.Also, the Standard Lease doesn't apply to commercial tenants, so if the property under question is 6+ units, that might be easier.What you have described is Property Manager that has a Lease Option on the property. 

The old adage slow and steady wins the race can certainly be applied to real estate.

These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.

Quote from @Marcus Welson: Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange.

By the way, 3 of the 4 have been rented since I owned the property so yes I suppose the 75% rule could apply then.