Hi all -We recently met with a family for one of our apartments in NJ and took a partial deposit (less than 10%) from them prior to receiving any paperwork (shame on us).

We stayed at a Lake Community in a multi family apartment/condo style building.

Just look at the cover of the most recent issue of our trade journal:The California Apartment Association and about a dozen other big lobbying entities also oppose rent control too.

If those are scheduled only one day apart you'd better have a fire lit under the selling title co because they're going to have to close and record the sale and still beat the fed wiring deadline to get the proceeds to one or more purchase title companies. 

In my market "Multifamily" ranges from duplex that cost $100K up to apartment complexes that cost millions.

If so send an amendment that the tenant be removed prior to closing subject to your inspection of the condition after removal If the eviction has already begun, it should easily be completed within 3 weeks.

but I will take a guess at what your askingif the developer is going to bust this into lots and you stay in you just lost your tax advantages and will be deemed a dealer at the highest tax rates.sell now no risk.. and best tax treatment you could 1031.if its one property and your saying should I partner and they are going to build an apartment on it and we will keep it.. that's different.. but you lose control because your now going to put a massive amount of debt on it.. all though in your area not too risky given market conditions.. and really depends on your developer  known, reputable and stable ?

@Charles CookMost permits require inspections.

@Carlos C. undefinedDid you complete a move-in inspection? 

Hello, I own two 9 unit apartment buildings in Morris, IL.