So just recognize this could be lengthy process if they default.If it was me, I would take it as a non-refundable deposit with a letter of intent and a purchase and sale agreement that the money is a down payment, is not refundable and they must execute the closing by a specific date otherwise they forfeit the money.

Our form focuses on any kinds of unknowns that a buyer may not know about during the purchasing process.

Austin Rent rates also down 6% per Yardi-Matrix data, from 1 yr ago.

https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.

It's now time to take a breathe, collect some rent, and then start the process all over again.

Ask them if they own STRs in the areas you are interested in or have access to actual performance data in that area through a property manager or cohost

Is anyone familiar with the SB 9 process, and if so, do you know the estimated costs and timeline?

You will need a U.S. bank account, however, many of those can be set up remotely, and you can start the financing process without it. 

If I understand this correctly, I don't have to accept any form of late payment and can continue with the eviction process?

To set up a TIC (tenant in common) for a 1031 exchange there is a legal entity and process that needs to take place.