To give you all an update, we've presented to the seller our calculations on what the property should be worth based on cap rate calculations assuming rents are what they claim (which brings the purchase price way down), and have asked for an extension on the due diligence period, since they have so far failed to give us all the leases, expenses or the rent roll, despite the deadline we had in the contract.

No papers have been served yet...that airbnb "customer service payment" altered our deadline...so hoping to have this happen in next 48 hours.Will update more soon...

Short deadlines for apts? 

I won't put a deadline on when I'd get to that point right now because the information just isn't there yet.Am I treating my rentals as a business by doing this, or a charity/hobby?

IRS issued Notice 2020-23 which provided extensions to Section 1031 exchange deadlines.

So, rather than force myself to identify and buy again under deadlines at an elevated place in the cycle, I paid the roughly $12k/yr and resumed my nap schedule. 

My deadline is tight--please respond soon!

With about an hour before the deadline to reply to us, my partner and I received an email from a law office - he lawyered up.Now that we had someone we knew we could trust there, it was time to get rid of the family’s involvement - definitely Jekyll’s.

Do something everyday.I finally took this advice and my Real Estate world is blowing up.Give yourself a deadline: 6 months to buy a 4-Plex.

Better to start the relationship when you aren't on a deadline.