Depreciation without a 1031 exchange is always recaptured.Partial ownership through a DST or simply purchasing part of a property as a tenant in common should provide the same relief.

Why try and go through all the issues surrounding an upset sale, when you may be able to go through an actual purchase? 

Do you have a template of some sort so I can make a flow chart? 

Through a Wholesaler How did you finance this deal?

I feel like it's almost better/cheaper just to wait until December and go through with the verbal agreement of them vacating March 2025. 

First I would never buy a property that wouldn’t cash flow as an LTR.

This is the IRS "intro":https://www.irs.gov/businesses/small-businesses-self-employe...and this is their 256-page guide to train their auditors:https://www.irs.gov/pub/irs-pdf/p5712.pdfand this is the actual text of the Regulations:https://www.govinfo.gov/content/pkg/FR-2013-09-19/pdf/2013-2...Nobody has time to go through and digest all of that.

I need to continue to pursue cash flow but would very much like to be in a more remote position to spend time on the lending side because being a realtor and appraiser is limiting in a local geographic sense. 

The linked article claims 8 out of every 100 renters are evicted annually, but that only counts tenants evicted through the legal system.

I'm basically going to be targeting rehabs and potential long term development plays or retail cash flow plays.