This report is based on the 203k Consultant's FHA inspection which identifies all FHA items that must be addressed as well as the items you want done in addition to the FHA MPS/MPR (minimum property standards/requirements).

There are no current plans approved and we've identified a good 6-9months of coastal commission work in and of itself.

You could each sell today, each structure a 1031 Exchange on the sale of each of your respective relinquished properties, and then each identify a percentage/fractional interest in the new multifamily property as your replacement property inside your 1031 Exchange and each of you would end up acquiring an undivided interest in the property as tenants-in-common. 

Identified another property to purchase (not as an investment).4.

Basically kicked the issue back to Your Porter but what they initially identified as the problem was a delay in receiving the email address from VRBO.  

The ploice had gone undercover and identified one of my tenants as someone who was dealing meth and contacted the SWAT Team to get him.

@Irish Mac Start with identifying and quantifying your objective.

We have identified several markets we believe look very promising based on the 6 areas we learned about from a BP blog post (job creation, population growth, buildings coming to market, government planning, affordability, and absorption/vacancy rates) and are looking to purchase our first property within 90 days.

David Greene emphasizes this a lot, the best opportunities lay in identifying problems that others have but you might be able to solve when they can’t or won’t. 

Identified a tired property that we could do a mostly cosmetic renovation, some upgrades, and sweat equity on many of the smaller items.