Owner's relative lived next door and conceded to letting him build his fence 4 feet wide (90ft deep) onto their (her-his daughter's)property line for RV maneuvering.

If your qualified funds have already been taxed, that's a different story.Yes, the 10% penalty is a PITA, but I'll concede it might be worth it.I do think you should contribute up to the company match in your 401-K, it's hard to imagine that being a bad move, even if all your investment choices stink (just leave it in a Stable Value fund).Probably a hell of a lot more advice in this thread than you asked for!

No but conceded on the last one, a SFH rental to a Military officer.$500 non refundable & they insisted on a 4 years lease with pre-determined p.a.

good luck*edit* also, you may want to offer them 80 on the first round, so that there is room to negotiate up to 87,900 as Jon outlined for you... everyone always want to feel like negotiating is some big compromise and that both sides gave something. others may disagree with this, but it's just my personal opinion.as a digression, while working at a law firm I once saw a case where the opposing client had nothing and I mean NOTHING going for him but was trying to settle. so the lawyers came up with a figure and he suggested a lower amount, to which they of course said no. it turned into a huge argument and all he kept saying was that "in the spirit of negotiation" they should come down a little so that both parties would have conceded something.

Both said it'd be over $25k to get this fixed up, and the seller only was willing to concede $5k.

But that doesn't really help you since I believe the owner conceded the fact that the underlying contract was an Installment Land Contract. 

My fear is that quality deals and projects will never make it to the capital market place, as the market will forever be in the hands of private marketers and private hands as it too rich a pipeline to concede to the open. 

And I'll even concede that I have seen some lousy deals offered by experienced sponsors, perhaps because they know they have loyal investors based on past experience. 

I disagree that the 1065 would be the more complicated route.Relying on each owner to report, accurately, their share of rental activity on Schedule E, plus issuing 1098s to the parties not named in the mortgage would be more complicated and more prone to error, especially if it's being undertaken in a DIY manner..I concede a 1065 would be more expensive than DIY tenants in common, however it frees up the owners to pursue higher value activities and provides them greater assurance everything is being done as accurately as possible.If we want to say error is being mitigated by a tax pro doing the returns of the owners in a TIC situation, sure we can say and all agree to that, but IMO the compliance fees for a pro in this situation for all individuals would be higher than that of just engaging a pro for one 1065.

I'm pretty sure the seller doesn't want to concede any more on the price, even with these newfound issues.