Been thinking of a 1031 myself, and your thread highlights my biggest concern with it, buying into a bad deal just for the tax benefits.

Property coverage – This protects the building from certain causes of loss, like fire, wind, water, etc.Some secondary coverages you should include Loss of Rents/Business Income – This coverage give you the equivalent rent $Property coverage highlights,1) Ideally have Replacement Cost, not Actual Cash Value (ACV).

This clearly highlights risks in class A and accurately talks about pricing and salaries that need to catch up on new construction, not supply / demand for MF in general. 

@Dave Foster Definitely not looking to do anything illegal, so thanks for highlighting that important detail. 

Or present them all but highlight B%, D%, and F% being the three that make the most sense. 

Send them a copy of your contract with the price highlighted and cc the title company on it.

. - owner is elderly and not of sound mind or incapacitated, possibly in a nursing home (more Medicaid claims) Some thoughts;Ideal leads would be if you could highlight which properties have already been probated.

I then found a news report on Aftermath which makes them look pretty shadyhttp://www.abc2news.com/news/local-news/investigat...Ironically though I was looking through the fine print of the Prestige Worldwide's contract and they specifically highlight mechanical liens in their contract so I feel like they're just as shady.

https://www.har.com/content/newsroom/Highlights: Single-family home sales rose 5.3 percent year-over-year, with 5,260 units sold;Days on Market (DOM) for single-family homes decreased slightly from 67 days in February 2017 to 65 days this February;Total property sales increased 3.1 percent with 6,375 units sold;Total dollar volume climbed 4.5 percent to $1.7 billion;The single-family home median price rose 1.4 percent to $226,200, which represents a February high;The single-family home average price edged up 0.4 percent to a February high of $281,945;Single-family homes months of inventory shrank year-over-year from a 3.4-months supply to 3.2 months;Townhome/condominium sales fell 5.1 percent, with the average price up 2.0 percent to $210,887 and the median price up 4.6 percent to $170,000;Leases of single-family homes fell 11.5 percent with the average rent up 4.1 percent to $1,720;Volume of townhome/condominium leases dropped 11.5 percent with average rent up 2.2 percent to $1,515.

Taking it out of rent may not be legal, but if you owe it, it should be paid.I'm sorry to hear your story, it highlights how frustrating move in/move outs can be with poeple's possessions, homes, and money on the line.