Subject says it all, I was tracking a listing on hudhomestore.com that I was considering and just waiting for it to drop some more from the asking price and yesterday it disappeared.  

s other post on the subject when you pinged me.I don't know this for a fact, but I'd presume that the security deposit funds could remain deposited with the qualified intermediary that's facilitating the 1031.

This frequently is a case of overly optimistic investors looking at a deal from a best case scenario.

., OK, we all hope you are happy now that you managed to get this subject off your chest (multiple times)...

why don't you take the deal subject 2 the existing mortgage and take over their payments.

I went to see some properties today, the realtor did not know anything on the subject when I tried to ask.

Wow, my subject line looks like I'm in a therapy group. lol.

I've been reading heavily on the subject of REI for the last 2-3 months and attended a 1 day multifamily seminar by Anthony Chara yesterday.

The latest book by @Brandon Turner, The Book on Investing in Real Estate with No (and Low) Money Down, is an excellent guide on the subject of "Owner Financing" related topics. 

Your advisors should be implementing strategies with you that avoids subjecting you to a grey area like this.