Thomas Marshall I am sure it is, the challenge will be what position are you in 1st or 2nd and if your 1st then getting s lender to be in 2nd with 100% equity will not happen and then if your in 2nd your money is at high risk.If your looking to be passive either be a hard money lender or invest in mortgage notes.

You can engage in legal gamesmanship, but that would come with a price which may not be worth it at the end.To your success!

@Luis Escobar, If you haven't engaged a QI to handle that sale as a 1031 it's a moot point. 

If I was closer, I'd open it for you, just for the challenge.

Therefore, a partnership makes sense so that the entire 8-units and commercial space is run by one entity which splits the income and expenses appropriately.Since my wife doesn't want to engage in a direct business relationship with my brother, she would prefer for us to purchase the properties seperately; how would you suggest to organize this purchase so that both parties are satisfied?

Also, you can engage your lender early 45-60 days out to begin underwriting the loan from the 6 month requirement and arrange settlement to occur right around the 6 month mark.

After I have a little experience I would consider if I was ready to take on the challenges of OOS RE investing.Good luck.

I challenge you to find the Midwest city that has produced a better ROI than the worst coastal Cal city for any of durations listed. 

I invest in Austin (From Killeen to S.A.) and I would say you have to decide if you want fast cash, cash flow or flips because each market offers different opportunities and challenges.

There will definitely be challenges due to the distance between us but nothing we couldn't overcome.