Record owner will claim forced detainer, ejectment, etc.

When that happened I had been with them for over 10 years with no claims and no late payments.

I like working it backwards sometimes....knowing the end result, process and problems....then figuring out the strategy or analyzing the multiple BS strategies/claims that abound regarding the "easy money" in tax liens.

I'm also wondering if my profit of $20,000 is unrealistic.

Seller is the only one on the mortgage, however he did quit claim his then wife on to title.

But if there were a claim that were specific to my property (ice on the sidewalk, for example) then we could be seen as jointly responsible: me, because it's my property, and them because they are responsible for its maintenance.

The problem is no one can tell you what you need to be sure you're covered from one another without all the info;What is the % split, is that % based on cash invested or is there a different % split for financial and ownership, what about selling if you both can't agree, what about if one dies, what is your financial situation, what is your partner's financial situation, who in your life may lay claim to this asset, who in your partner's life could lay claim to the asset.....the list goes on.Point being to make sure you don't end up back here with a thread about a partnership gone wrong (as others have), you need someone that is an experienced 3rd party to ask the correct questions so there are no questions down the road.

They are not members of BBB and have one complaint that claims someone used their credit info to try to open credit.

My question is there any problems or regulations with a property that has a quit claim deed before a 1031 can occur?

I have knowingly gone to guru stuff for the fun of it, no intention at all to do anything regardless of what they claim.