Get the listing for your area of late property tax payments.2. 

@Josh Haney I believe the legal/compliance piece is fairly well covered by those who already commented I completely agree that it's important to retain legal counsel to assist with drafting and also loop in an accountant to confirm structure is arranged with tax efficiency in mind. 

I consulted my cpa and he states that I will owe 100,000 in taxes leaving me with 600,000.

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

I'm nervous about being able to identify a replacement property within the 45 day period and certainly don't want to pay the taxes.

I looked at Stessa and Digb and decided to go with Digb because they also support with taxes. 

Terms can vary widely in this category from annual interest rates, prepayment penalties, income calculation, DSCR ratio, maximum loan to value, minimum and maximum loan size, amortization period, and requirements to escrow taxes and insurance. 

If there is training by the sales authority: sheriff, tax assessor, attorney, or tax appraisal district attend that to get better insight. 

Turnkey also works for investors that are absentees if their goal is to park money/defer on taxes.

It depends on Johnny's tax rate, and how much employment income he already has.