Once you are the seller agree on the specific terms, length of loan, length of amortizations, payment, interest rate etc. have an attorney write up the documents. 

You'd want to talk to an attorney, you'd probably be setting up an LLC, do not buy with a friend without getting what you agree to in writing. 

Since he does not use the condo as an investment i'm not sure if a 1031 exchange would still be possible, I sent an email to a 1031 attorney I know but was hoping to get some feedback from hopefully someone who has dealt with a similar situation. 

*This post does not create an attorney-client or CPA-client relationship. 

If the tenant doesn't respond appropriately to the initial legal notices to comply with the terms of the rental agreement, then we turn it over to our attorney to proceed and their process server will deliver subsequent legal notices.For simple communications, some landlords have success with email and/or texting.

I usually try to get opinions from two attorneys for State foreclosure laws and two realtors for CMA’s to ensure the investment has a reliable collateral on it to cover the investment with good returns.

Does anyone have any suggestions for PA real estate attorneys they used to set up their LLC's?

I guess it’s best if I contact an attorney to get more accurate information about the process and details.

They need to hire an attorney.

Closing cost were less just both attorneys and assumable mortgage with qualifying approval .