Four unit class C building with deferred maintenance.

I don't know how small claims works in TX, but when I had to chase a deadbeat for unpaid commission in Mass, he kept failing to show for hearings.I was finally able to present my case and evidence to the Magistrate who said I could have both a capias (civil arrest, where the defendant is forcibly brought to court) and an execution (sheriff or constable can seize assets and sell them to satisfy the judgement).What finally got me paid was when I gave him a hard deadline and told him that if I wasn't paid in full by X date at Y time, I was going to have his WIFE (also a named defendant) civilly arrested at work.As you might suspect, that got the deadbeat moving very quickly and yes, I was paid in full.

This is where the % breakdowns are important because the 0131 exchangor must take title to at least as much real estate as they sell in order to defer all tax.Upside to #1 is the simplicity. 

I can guarantee that if the seller is motivated enough to accept ZERO down, there is likely a ton of deferred maintenance just waiting to be discovered after closing.It's unclear whether the property is currently occupied.

Just make sure to create a clear and concise presentation of the value of the property, the finances, and your plan for value add aka a business plan. 

Will this create issues with tax deferment which i would have with my 1031 exchange ?

If it's more than $1,200 ($100 increase per month) then perhaps it's best to keep rents where they are.Or, present an incentive with the rent increase. 

HiI am looking for some recommendations for commercial leasing agents in the Greenville area.Please share or PM me some team members that you have work with in the past or present that you would use again. 

And most of these items would only present during an inspection.

I found the board president at home and he presented me with the signed board resolution, and I closed.