Forsee Power is set to have its North American headquarters in Columbus.

Tenants have kept the property in decent condition so considering that my initial strategy was to not disrupt them, maybe do a month to month lease agreement while making some repairs than execute a new lease Jan 1st with a small increase in rent. 

Don, bad faith is never presumed, so getting a subpoena issued at the request of a government quashed before execution is so exceedingly rare that it may be disregarded.

Rent To Retirement and their team has assisted me with SDIRA investments and executing a 1031 exchange which has a lot of working parts so navigating that can be quite confusing. 

if anyone on the forum has executed this strategy and/or if accountants/tax professionals have come across this situation, I would appreciate your thoughts and advice. 

Find the lender, agent, whoever that meets those values, then execute upon selection.

This transaction resulted in a strong return on investment, showcasing our ability to execute a strategic flip that maximizes profits and delivers value to our partners.

2) Screening applicants3) Executing a leaseAll complying with Fair Housing Act, federal, state and local laws?

So for a 2 mil construction loan you need experience money and ability to execute.. if in reality any of those are missing then you need a capital partner for money and an experience partner for execution. whats happening is these Faux lenders are just preying on those that don't realize they could never get a loan.

Here are the Fannie Mae guidelines for legally non-conforming properties:If the Property's characteristics are legally non-conforming, you must:ensure the Borrower executes the Modifications to Multifamily Loan and Security Agreement (Legal Non-Conforming Status) (Form 6275);confirm whether, if fully or partially destroyed, the Property's Improvements can be fully rebuilt to the pre-casualty condition per current laws, zoning requirements, and building codes; and if the Property’s Improvements cannot be fully rebuilt to the pre-casualty condition, evaluate if the as-rebuilt Property will support the Mortgage Loan at the current Tier, and document your analysis in the Transaction Approval Memo.To assess the Borrower's ability to rebuild Improvements on a non-conforming Property to a level that will support the Mortgage Loan at the current Tier, you should consider: conducting a threshold analysis to determine the resulting actual amortizing DSCR if the reconstructed Improvements cannot be rebuilt as-is per current law; the likelihood of a casualty event (e.g., wind, earthquake, fire, flood, mine subsidence, etc.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.