Quote from @Rod Saleh: Quote from @Noah Corwick: Hi Rod.

You can only 1031 something you intend to hold and not re-sale. Hence

Essentially after the sale he would be writing me a check for the money I loaned for purchase plus my share of the profits. 

I still don't have to actually build the home I just take on the GC liability and heck I already have insurance up the ying yang for these new constructions..

You would loose financially big time by 1- she pays no rent and essentially lives for free for a few months. 2- they claim deficiencies in the apartment trying to invalidate and delay your eviction proceedings. 3- she can probably get a pro bono lawyer; you would pay up the ying yang for yours. 4- yes eventually you will win (3-6 months), but she could also leave you with a parting gift of further damaging the unit (and trying to collect on a tenant with a zero net worth is futile.)You seemed to have already caught on to most of what I have said, so your intuition is spot on!  

This is Hochi Yang.

Saleh,I guess we lost ya!

I am currently looking at a property in which the invester wants 5,000$ short sale. He

@Branden Yang is that a question for me? 

He literally buys houses from wholesalers hires contractors from off the street (literally sometimes lol) and works with them until the deed is done and then puts it on the market for sale. He