This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying  up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS. 

@Alex Todd, yep, you would qualify for both as long as you sell next year in time.So then the question comes down to - If you're going to make the same amount of money either way would you prefer to sell now and 1031 (but eliminate the risk of another year holding). 

When 62 percent of property owners have been eliminated from the world of real estate transactions, that just leaves 38 percent to play with. 

See if you can make the entire unit electric so that you can eliminate the gas problem. 

From there you'll be able to start eliminating what does and doesn't work for you and that will help to shape your buy box. 

I'm hoping that is not case.I would add this to the lease about starter supplies including cleaning products.This will eliminate any question in the future.

In every business there will always be honest people - and there will always be fraudsters, and those who are balancing in between.However, I agree that open honesty of actions, intent, and past record eliminates 99% of ethical problems.  

I think this would eliminate the possibility of triggering a “due on sale” issue because the property is already in an LLC and I am only selling interest in the LLC.

And by purchasing new you'll be basically eliminating capital expense items for years.

It can lower the mortgage amount and eliminate PMI for Homebuyers.