Extensions may be granted for valid reasons, like needing more time to secure financing or complete due diligence.

Why do you want this property over another brownstone that would be for sale?

@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.

This is because the earlier years see a large jump in IRR due to the leverage used, however this effect diminishes in later years.2.  

I started to invest two years ago in 2 SFR in Birmingham, AL (type C homes). 

The best way to build relationships with cash buyers is to establish yourself as an authority in this space.

In my experience, you can purchase the existing home and the encroachment is grandfathered in, meaning the vacant lot owner can't force you to move it.

Thanks for considering.I would let them know they are responsible and inform them they can make a payment plan if needed. 

I have a lead on multi-family deal that should cash flow at least 1k/month, probably more.

Will I still be able to use the $250,000 per spouse exemption on the appreciation, and how will this impact my 1031 exchange?