Here are some details:- The house was on the MLS about 6 months ago and has since been pulled off, now the owner is under Ch. 7 bankruptcy so I'm thinking they will be even more motivated to sell if they are allowed by the courts.- The property is in Ohio.- I want to move as fast as possibleThanks

But maybe I am not understanding what you meant by this.I mean that in terms of, I can't guarantee all details of every aspect of a tenant and their family.

I had myself so busy doing other things that this detail, slipped by and now I an scrambling.

How should i detail the offer/contract so it is a win/win situation...

Its been 3 weeks since the Proposed Closing Date on many of them - yet - the MLS keeps saying "Pending" - and i cant find any details about the Closing/Accepted Bid price!

If you put it under contract, though, you need to have a look, in detail, at every unit.

Know what you want done in detail and how much you’d like to spend.

If it is the realtor make sure he/she is sending you the agent detail view and the the standard consumer view.

Try to get as much time as possible...so if you have a 45 day option for $100,000 and you find someone to buy the property for $110,000 you make the $10,000 (obviously it's more detailed than this, but you get the basics).

I have prepared a complete analysis of the issue that can be found here: http://www.exeter1031.com/article_changes_to_section_121.aspx and the entire content of the Act can be downloaded from here: http://www.exeter1031.com/irs_code_regulations_rulings.aspx for complete details.