I just heard about this software about Kent Clothier's new software designed to find vacant homes i think that will be my first investment..lol

Now, they want us to feed their software a copy of the credit report, and full scenario, for a yes/no answer. 

Any good software recommendations?

But  if pressed in an audit what will the exchange account statements show - $17K in cash going to you!!!  

We had a software we played with in the past we used between ourselves to show "before and after" but used it mostly to settle a debate as to who had the better plan.  

If you were referring to online software, there are lots of BP threads on the pros and cons of various products (most seem to be Quickbooks vs Xero).

Some are better than others, and some offer more complete assistance than others because some lack the personnel by choice to offer direct consulting or audits, let alone assistance in case of a regulatory review.The economic reality for RCG is we could not afford to provide assistance to retailers and community owners at acceptable pricing levels if we were not already invested in those products and services because of our work with seller finance operations.

And there may also be times when a hold period of much longer than a year is not enough to demonstrate intent to hold as in the situation recently of a developer who had his exchange disqualified upon audit after holding it for almost 12 years through the market crash.  

I'm a Software Engineer by trade and that does not necessarily put me into the spotlight very often, so this is pretty out of my comfort zone. 

The main drawback is the cost of the study which is high because it is quite complex to properly classify every individual component in the property, and per IRS guidelines this must be done by a construction engineer or architect because of their expertise in construction techniques, design, auditing and estimating in building construction.