@Jeff B. is right on - the QI must be in place prior to the closing of the sale and the dates of that closing will dictate your 45 day identification period and 180 day exchange period.

That being said, I would think the HOA would need to prove the occupant is smoking in non-designated areas.Do you have anything in your lease that dictates the tenant needs to abide by the HOA rules?

So the 1% rule is a nice rule of thumb, but don't let that dictate how or where you invest.As far as California is concerned, getting a keeper that meets that 1% rule can be done more easily in some parts of the state than others.  

I bet there are many opinions in appraiser forums as they'd like to control their silo just like anyone else but their job is to evaluate based on what banking rules dictate. 

4) If you sell off the 2nd, and the 1st is still in your name, you leave yourself open..wide open to a potential default situation that you have no control over.5) Once the note is sold, you can not dictate how the payments of that note are dispersedNow, with all that said above, IF you are talking about a Wrap Around Mortgage, then it's a little different. 

The first thing you need to know is that your returns are dictated by the market you buy in, not necessarily the "deal" you find.

Are there any that sticks out more than othersWell with turnkeys, it goes one step farther too-- the market is very important but which market you pick also needs to be semi dictated by where the good turnkey providers are too.

They don’t have plans or desire to correct Global whatever nor the political dictate. 

You need do nothing person to talk to here is your title insurer they are the ones that dictate when title will be insured and in my experience it was 121 days after aoction date.

The answer to that question dictates my next question and answer.Initially, just set up an LLC with all involved as members.