I’ve just never attempted to find deals through wholesaling.

Post notices on every entry point saying the home is owned by you, monitored 24/7 with security cameras, and that potential renters should not trust anyone claiming to be the owner and attempting to rent the home.

If they were to file a complaint or attempt to sue, I could immediately fix the machine and get back on track legally.

He said I could attempt to sue the seller but I likely wouldn't win. 

I’m glad I found this out now through you than attempting to put under contract.

It's not a good practice to teach new property owners to evict at the drop of a hat...There is an obligation to assume the position of a responsible human and work through the steps and processes...this means an attempt at mediation at every level...then alternatives to evict like cash for keys. 

I’ll check in with the local governing bodies and will look into the WiFi enabled systems.

I like browsing through the forums as a way of fun in between doing deals for myself or my clients.They read my body of work and contact me.

The main body of the building is being for private events and will continue being used for such as it is slowly remodeled. 10-30yr hold: convert to residential condo using private funds or lender, or sell. of course if high offers come in before then we will consider cashing out.

The statute doesn't prohibit it but this practice has been challenged and failed on several occasions where it was decided that the exchanger was attempting to avoid paying tax (which of course is exactly what you are doing through the 1031.