Maybe better to offer a catchy gift for bringing the buyer: trip to the Carribean, or a new car or something equally desirable.

That being said, not all educational systems are created equal and unfortunately I am not always impressed with the offerings that experienced investors put out.

As long as everything can be done within the 180 days exchange window, the exchange remains intact.Now, if the relinquished property had an underlying mortgage, you would have to contribute cash equal to the mortgage payoff to the exchange escrow in order to complete the replacement property purchase and rehab.

His knowledge base and contacts with other tradesman will be vital to bringing the house up to specs in (hopefully) short order.

Therefore, the only way I can see the deal will make any sense is to stretch out the term long enough, say 10 years, and give enough of a mo. rent credit so that all his total rent credit at least equals the loan balance owed.

My father and I will be equally sharing the workload of the actual renovation.

When I was just starting and had just a few rentals we separated business expenses equally across the rentals and it worked fine.

I wish I could feel equally optimistic about the U.S.

I like your idea of discounting the original purchase price and adding the interest, resulting in a total purchase price that is equal to what we wanted to pay.

I would pay more attention to the ones who are willing to criticize equally both sides.