Unfortunately, I did not know the full extent of what I have later come to hear and learn.

To me that is requires major compliments, and the review I posted is not appropriate.They really are going above and beyond in this circumstance and its not fair to them to keep this post online just because I wasn't able to reach them and discuss this over the weekend right after new years.PLEASE reconsider taking the post down.

One of the biggest issues is probably borrower default—whether due to mismanagement, market downturns, or unforeseen circumstances, lenders can end up in long, costly recovery processes.

Unfortunately, the only guarantee in this business, or any business really, is there are no guarantees of outcomes... ever.  

If you opened the exchange with the intent to hold the property for investment, and then in the future circumstance changed which caused you to reconsider the use of the replacement property and convert it to personal use, then a period of time less than two years might be reasonable.  

However, this is not specific legal advice to you, just an opinion based on the circumstances described in this thread.  

Unfortunately, the previous owners used the same lease for this garage space as they used for the residential units. 

Unfortunately, I don't have one in my mind.

unfortunately, I think you are right - it's a difficult market for investors, period. 

Yes unfortunately we did.