A good GC will not continue working with you if you do this because there's so much work out there right now that they can get a job that will pay just as much as your job without the hassle/stress of extra contracts. 

I think it’ll work out fair for both parties.Thanks for the post!

You get the paid off property and still some benefit from the 1031 if the numbers work out.2.

The other suggestion is for the seller to work out an early termination, or cash for keys for you to occupy one of the units if you want to use FHA.3.

It took them a week to break it all up, wait for the air to clear, then get the old duct work out from the walls, but in the old days the duct work ran up a large race to the upper rooms so it was an easy cut, pry & drop.

I have a small local bank that may be able to help but I wanted to have other options just in case that did not work out

You have to take the time and give it the attention it needs for it to work out. 

Turnover is a substantial cost, so if they can reduce turnover by giving what amounts to a small refund on rent, then in theory it should work out for the property owner and primary sponsor. 

@Elise Bickel thanks Elise for telling me to keep persistent, i am going to keep looking and working with the realtor and see how it goes, but if thing doesn’t work out, maybe we can connect in Philly. 

Using the 2% rule and 50 percent cash flow rule Brandon mentioned, none of the properties work out and you actually get negative cash flows.