I did review a formal inspection that was completed within the last 2 years and aside from some age related and climate related issues, it seemed to otherwise present satisfactory.

My advice for the process would be to present facts, not emotions.

The last time I had to have a three way call, at Closing, with the Title Company, the Utility Department Director and me to explain the Release letter that I was presenting at Closing in order to Sell my property.

Purchase price: $2,000,000 Cash invested: $560,000 This 40 unit value add investment presented us with an opportunity to streamline management operations and increase below-market rents.

Purchase price: $1,645,000 Cash invested: $475,000 Our firm acquired this property with significant deferred maintenance to be addressed, but with rents ~$200 per month below market.

My only backup strategy thus far is to present the owner with the owner finance option but the owner is a flipper so I know he possibly needs the capital from this flip to invest into the next one, so I just wanted to present the strongest offer/ solution possible.

I have started to build a small personal network in FL and feel that, under my current financial and professional situation, this area presents a great opportunity to take the first steps and start creating generational wealth.Thank you very much for your time,JP

As well, if you didn't live in California, and tried to 1031 it to your state of residence, say Oregon, you could be hit with a cap gain holding requirement from California resulting in no tax deferment.

Be very professional in your presentation of the information and avoid trying to influence or oversell items. 

Not sure if this post is allowed but I was presented with an opportunity to buy the business I work for but don't have the capital to buy it myself.