But I once did one to save a couple thousand bucks, and it cost nearly that much just to hire the Qualified Intermediary.Also, I found myself wanting to move into the property I exchanged, which is a no-no without allowing a couple of years to pass under a safe harbor.

We have reached out to every buyer/seller agent as well as previous owners to try and get statements proving it was an apartment.The issue is... now we need plans drawn up, a permit issued, and a city inspection on something that was converted decades ago and will cost thousands of dollars and time. 

While yes they spent time on something they were unsuccessful and still got paid, while me as the owner is out thousands of dollars due to tenant not paying rent and causing quite a bit of damage.  

Move a few thousand truckloads of soil offsite to get down to where GPR could do its job?

Chances are if they can't pay the lot rent, they also can't pay the thousands it takes to get the home moved. 

The 2,500 would obviously not compare to tax deductions generated in the thousands.

Quibbling over a few hundred, or even a few thousand, dollars in rent could cost the business tens (hundreds?)

As i stated above when i first got into funding out of the west coast in 2002 I started in Detroit.. where there were thousands upon thousands of vacant homes..

The charge for doing so can definitely cut into your equity as it can be 10's of thousands depending on the estimated value of the home. 

@Gulliver Raza I paid an attorney a few thousand dollars to create an iron clad lease agreement a few years back, and then it became obsolete due to new disclosures being required etc.