Congrats, it is hard to leave IT routine, your progress is evident, 28 units, good

There is that gray line of intent to purchase and resell for the 1031, so there would need to be some evidence of intent to hold from the original purchase.

Consulted with a few real estate agents and they all felt that the recent lease at $900 on a two year lease is good evidence that rents for all units can be increased substantially to get at least close to that number once the current tenants move out.

That's fine too as it will be returned to you "Addressee Unknown" - - DO NOT OPEN IT and save as evidence if so needed.

We take photos such that you can see a dry erase board with the unit number and date on it in the picture for further evidence.

So maybe they just had a couple of checks in there to cover the amount required rather than any supporting evidence of being able to fund the balance beyond their cashiers check.It'd have been easier to follow if the auctioneer didn't mumble at a low volume!

I have more than enough evidence of the numerous time I've tried to reach out to you guys as well as pictures to support my claim.

I feel the cash flow will be the same as evident to me never having a tenant ask if it's CBS or wood frame prior to renting.

All indications are they've done fairly well since inception a few years ago but I have no real verifiable evidence of that other than what I've been told.

If you want them gone however, we have a clause in our lease that states a preponderance of the evidence by us as the landlord is enough reason to start a 5 or 7 day notice and/or eviction if we wanted.