We are good people who work hard for what we have and have made some mistakes, but losing our house would leave us completely destitute.

That's a lot of money for them to lose!

Sitting on cash for a year is not the end of the world and is better than losing it!

She gets to move, I don't lose out on rent.But she don't want to let people in the house for that also.She has damaged the floors (last year) which is a $900 repair.

Unfortunately, I think you'd lose this battle and are probably better off fixing it.

and people mis mortgage payments this does not mean they are goign to lose the house in a full blown foreclosure.the notice's to warn the borrowers became federal law about 2011..

.- Still risky overall, what if the buyer loses his job in 3 years for some unknown reason, he won't be able to refinance at all.

And if so what happens if the market crashes and you lose that money.

the 1031 SEEMS ideal to me at the moment but I wonder if that is me being short sighted.

Basically you need investors who have a lot of cash parked in a money market and aren't sure what to do with it --- the stock market is volatile but they know their savings are losing value every month because of inflation.