Right now my current mission is to acquire my first property by the end of the year close to home. 

Also,after learning from BP Podcast and Forum, I called my County to see if I can acquire a Code Violation list and the lady emailed me a list of the Code Violation in 3 of my surrounding cities. 

Acquiring a $400K replacement property will put $100K of taxable boot into play.You did not tell us what the properties will sell for, but just in case the total sale will be greater than $400K, you may need to tweak your strategy.

I'm looking to acquire the interest in a RD Senior Affordable Housing project.  

If I receive a reply then try to acquire the property?

After acquiring , renovating , and stabilizing the 11 unit deal I last wrote about my company has seen TREMENDOUS growth in a very short time.

Tennant is under lease for many more months...Obviously the opp. is the owner wants out of being the landlord and the mess they created.My gut says to walk... too much risk with current tenant history... but part of me wants to explore if there are ways to fix the situation and acquire the property without risk somehow....Any ideas?

After just acquiring a new personal residence, i do not have enough for a 20% down payment.

John:Make a detailed budgetCheck on availability and cost of water and sewerageGet a good real estate lawyer - you may need to mediate with both current and previous owners to acquire good title to the propertyAct before the August Tax deadlineGood Luck

They are newly acquired properties.