Comps wise look under 1 mile and the past 6 months for sales.

you have to inspect BEFORE the sale. 

The proceeds from the sale will probably go toward rehabbing Lot 2 and sell it for more.

If the property we sell is in need of rehab we agree to take a portion of our assignment fee and fix up the property to make sure its rent ready.

So, winters are the traditional slow times for sales & rentals.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.   

For those who’ve structured wraparound mortgages, what strategies have you used to avoid triggering the due-on-sale clause?

It’s unnecessary and potentially problematic to add the ex-partner to the title before the sale.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

Plus, like you mentioned, there is the risk of due-on-sale clauses if you move conventional loans into an LLC, so it’s best to plan your financing with that in mind.