It's also how people get in trouble, messing over homeowners because they are not aware of the homeowner's position or what they are likely to do when they get a contract.

The problem is that being new to investing in multifamily buildings I am having trouble selling my deal to them.

We would prefer to keep these properties as they have excellent cash flow.Some have suggested to take out a loan, however this is troubling to me as we dont need the $$. 1031 exchange is an option, but finding another property is a problem.Does anyone know a good attorney/tax advisor in PA that has experience with large real estate holdings?

Hi BP,I've been communicating with the Orange County tax assessor/treasurers's office staff about obtaining a list of properties that have been tax delinquent between 3 and 4.5 years. They are taking their time to res...

The bank should have no trouble making a lot more money putting the house at auction again.

Make sure you do a complete inspection and or have it inspected.It will keep you occuppied and hopefully out of trouble,  You will learn alot.Run the numbers yourselves and on BP.  

I know real estate is highly regulated and I don't want to end up in trouble for practicing RE without a license, as happened here:  http://www.biggerpockets.com/forums/93/topics/1847...What sort of deal would be reasonable to propose to the real estate agent handling the sale, or to the owner?

I have been using this loss to offset gains produced on previous property sales.

The lower demand markets, ie older homes or less desirable areas, should produce a higher return.

Some have followed this and produced great answers.