Before I really consider a property I also get in MLS and look at active listing comps, and even expired and withdrawn listings to try to figure out why they didn't sell.

He's said things like, "I don't want to be a slum lord" "I like the liquidity of my stocks" "I can make a better return in stocks," "I don't like for my money to be tied up in an illiquid property," "I could make the same kind of money in a REIT or MREIT."

Can someone e please help me.

Hey @Kurt Dehning I've got you covered, shoot me an e-mail  and I'll connect with someone great.

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In those situations you want personal guarantees and high liquidity and net worth.

It would also have about $35,000 equity that I could liquidate to apply towards another property, debt paydown etc.I want to extend my ownership to at least 1 year and 1 day to qualify for long term capital gains vs ordinary income.  

It had been listed with a commercial Agent and now that listing is expired .I am further stating that in the past 4 years the commercial broker was neither able to sell the place nor get offers to lease out the whole place .

A copy of the deed shall constitute reasonable proof as to the identity of the successor in interest to the trustor (CC §2943(e)(3)).

If you take over, then won't their current lease have to expire first before they have to sign another?