This way whether or not a potential buyer comes in as a 1031 or all cash or wants to finance, that's up to them.I agree with @Dave Foster about the reverse 1031

For this you (or whoever is showing, advertising and/or showings the property) will need a Real Estate License in almost all (or ALL) states.

Hi Austin, Sub2 = you get the deed, you pay PITI, give your word, the promise to pay is not legally binding, it is a moral promise, loan can be called if payment is not paid or mortgage co finds out title has been changed, you own it and can resell it for cash or rent it out or lease to own.Wrap = you get ownership but not a Warranty Deed, It is called a AITD or all inclusive trust deed or mortgage, you pay PITI, directly to seller or note servicing co, loan can be called if payment is not paid or mortgage co finds out title has been changed, you own it and can resell it for cash or rent it out or lease to own.I always do not plan to own a sub2 or wrap long.5 year Private Lender Mortgages for long term hold and rents.There have been promoters of sub2 and exit on a wrap, or wrap and wrap again (double wrap) , I would NEVER do that.You need a GREAT attorney.

Jay,It seems all 3 properties are rentals for some or all of 2015 and will be reported on Schedule E of your 2015 income tax return. 

As a result, the landlord doesn't obtain the proper damages from the lawsuit when oral assurances are brought into the equation.

If I recall correctly, I kept most or all.  

You have the problem of an Oral discussion vs Oral contract vs a written contract.This is a sad case as both of you made mistakes; you orally made a suggestive remark which he took as a promise.IMO, you ought to pay him for his time+effort and refuse the rent change.You better start documenting who said/did what when, make the good will gesture, and try to stay out of Small Claims.

I'd guess that initially you were a little surprised/afraid that you might lose most or all of your deposit because of damage caused by you and your cat.You said a couple of time that you will use your understanding of being a tenant to help you be a better landlord. 

The Court of Appeal alsoheld that the notice Degrate received was inadequate because the lessor failed toprovide Degrate with notice of good cause to terminate her lease.We granted review to clarify the proper interpretation of section 1954.535,and declined to review the Court of Appeal’s alternate holding that the notice wasinadequate for failure to show good cause to terminate the lease..."

If you can absorb the impact of losing some or all the tenants raise the rents.