Hopefully those that stayed on the sideline until the 'time is right' will start underwriting specific deals and recognizing path of progress opportunities that offer multiple operational and exit strategies.  

However, you can likely sell all the properties in the required timeline to do the 1031k, although that will take some effort/cooperation between multiple buyers/brokers, considering the separate markets.  

Remind them you had professionals out there to inspect the place multiple times and they found no problems.If they claim that their insurance policy needs your info, tell them to give you their info and you will contact their insurer directly.

I’ve owned multiple mobile home parks and would never try to rent them out for the reason mentioned above.

I get threatened with a lawsuit multiple times per year.  

I have successfully defended multiple clients in this situation.Once again: Don is claiming his deduction correctly, and I am breaking the rules.

@Na Connolly, talk to an eldercare lawyer there are likely multiple issues to consider here.

When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.

Both Richmond and Atlanta are booming cities with multiple known colleges hubbed in the center.

Extremely communicative and Bob spent time over multiple phone calls answering specific questions I had concerning the deal.