E) since prev. tax filing, verification must be made documenting existing rental income by obtaining most recent tax returns incuding Schedule E from precious 2 years.

If the new buyer & landlord are hoping you move out early you don't have to accommodate as legally the lease must be assumed by the new buyer.

That typically only occurs after the tax sale process fails and the lien(s) must be abated in order to transfer to a new owner.

They have less than 10 branch offices and they keep all their loans in house, so they can be a lot more flexible than other banks.I called and visited 30+ banks before I started working with them, so I’m sure you can find one in your back yard. 

The way to think about it is that in order to defer all tax you must purchase at least as much as your net sale and use all of the proceeds in the purchases. 

Buying money is not investing unless it is done on the money market.Equity reduces cash flow from the property turning the brick and mortar into a liability not a asset.The biggest mistake, so call investors make, is in not recognising that every property has two distinct income streams that must be accounted for separately.  

Let me just say that you must account for time. 

If they do a 1031 they must use all of the proceeds which include the note for $50K in the next purchase. 

to take a business deduction - the deduction must be ordinary and necessary to your business.

Search the site for recent forum threads on this subject; you will find a wealth of information.I always recommend that OOS investors look for places that are easier to get to and places that you want to visit since you will be going there regularly.