One of those guidelines being a clean termite report.

But I'm guessing that's a non starter.Point is you can each get apart from each other using a 1031.

While his tactic is great for him, it is patently unfair on a non short sale deal.

@Khang NguyenWhen you do maintenance/fix things - i.e. a broken cabinet door - or when you clean and paint during turnover, those activities are generally classified as expenses.When you add or renew things to the property such as fixtures (lights, plumbing); a new HVAC system; new roof, new flooring, etc.  

All I have been told is that it is in "clean" condition, but I have not yet been able to see the building in person.

clubID=1127&pubmenuOptID=47801Distressed Property Conveyance Act - reiawa.comREIA is a Washington State non-profit Real Estate Investors Association focused on Education and Investing for Real Estate Investors at all levels!

@Christopher - I do give her credit as she is cleaning the place out for the inevitable, basement is done and garage will be finished in a week.

You can borrow up to 75% of a non-owner occupied single family with Fannie/Freddie before six months using the purchase price, not the improved value.

The rate will definitely be a bit higher due to non owner occupied, do they have a term or is it a 30/30?

The lease is basic but clear about non payment and late fees.