I've acquired 5 properties in Phoenix and Scottsdale over the past 3 years and Jesse is nothing short of outstanding.  

If you are actively running a note business, you will want to acquire notes for your IRA elsewhere.

It's a drastic remedy.

@Mary Mitchell especially in a multi-family situation PM's (or even landlords) can be held liable for issues which they are aware of but which they don't remedy.

I managed this property for years prior to acquiring it.

I would also counter by saying that the best time to acquire and lock in contracts is during a recession.

I'm brainstorming how to acquire the property with my 1031 escrow funds and, sometime AFTER acquisition, raise equity for the deal that would "take out" most of my equity. 

Couple that with now uncertain default remedy timelines due to the moratorium on foreclosure, eviction along with cash for keys - we can't be certain when and how we can displace the borrowers nor are we sure the forbearance is not just a longer drive to the same danger zone.When this all happened in the previous recession pricing loans of all kinds was very tough. 

Looking to acquire a multi-family asset and complete a fix and flip by the end of the year.

Looking to acquire a multi-family asset by the end of the year.