Appraisals are certainly subjective.  

I would just send them yellow letters and if they are motivated and not under water I'd offer a subject to deal.

I empathize with you on this subject and offer to you that time and your life experience serve you now and is a big advantage for you right now.Simply by having gone through many different joys and challenges speaks volumes about your resilience.  

I need a policy to cover basic business with errors and omissions and $500,000 worth of property (subject property).

My partner made the point that the tenants could possibly do damage before they leave and we would like to eleveate the risk with a clause stating: "  Closing of transaction is subject to condition of property meeting acceptable conditions based on initial inspection and remaining in said condition as of day of closing.

@Brad Bamm, I have bought properties subject to existing leases, but never with an indemnity clause. 

Yep, this is the one that is the subject of the podcast!

Learn subject-to, contract for deed, lease options, etc and the differences between them.

A 1031 is for "Like Kind Exchanges"Like a truck for a truck, rental property for rental property, building for a building.A flip is an ordinary income process subject to incomes tax and FICA, and specifically mentioned in the code as not eligible for a 1031 exchange.

Anyone that would, may subject themselves to a litany of regulations regarding ability to pay, benefit to borrower, etc..