I would just like to point you to the “authority” source against which you may want to verify responses you receive even from certified experts:https://www.irs.gov/publications/p547I wish it were an easy read.

I can't post my phone number outside the marketplace, but I am easy to find.  --  Rachel de Faut, Sea River Realty

The easy thing to do is simply dont renew the lease after the 6 months .

The direction may change as you learn and make connections but without the map it's easy to get lost. 

I've seen and researched a # of scenarios involving these exchanges but not these particular scenarios - about the only way an exchange involving new construction seems "easy" is if you can pay cash in the exchange then it'd be easy to get a qualified intermediary to take the risk and get the place built. 

I bought my first home using a VA loan as well and the process was super easy and straightforward.

she is allowed to have up-to 10 conventional mortgages(1-4 are easy to obtain, 5-10 are slightly harder).buying her out would require you to pay fees to a title company, possible to the county to record the transaction and her accountant for a more complex tax profile for the year.I am also not sure I follow on the asset protection thing.

While the math seems to work out, I feel like I've got to be missing something -- could it really be that easy?

@Sam Shueh with someone very new to buying/selling i would say "Hand holding" but i think it gets easy if the client is educated enough.

Easy to find solid/sturdy units for next to nothing.