I've been crunching numbers for potential houses here in California as well as Lawrenceville PA and a few other places.  

Then it will be owned by the MM LLC and as the taxpayer, the LLC will have to sell and buy in order to complete the 1031.Your acct. should be able to help you with this pretty easily.

I think having access to the MLS would really help because from what I understand there are a lot of tools you can utilize like seeing average days on market, seeing comparable sales, and a lot more I'm sure.

It is not on the MLS or for sale and as far as I can tell it is not in foreclosure yet.

My wife and I are currently buy-and-hold investors and have 5 units, a mix of SFHs, condos, and a duplex, plus have one flip underway.

Lock box going on today, and a rehab investor walking it minutes after :) I Told myself a month ago by the end of the year I would wholesale 2 homes...I think that goal needs to now be adjusted ;) I'd like to give a big thanks to my mentors Jesse Burrell, Jared Vidales, and Brian Roberts of HighestCashOffer.com for bringing me on the team and teaching me so much everyday.

Hello Nurum,If you sell the note you will take a pretty good hit and a note buyer isn't going to be overly anxious to buy a Contract for Deed with the low credit score. 

And as I said I'm NOT a newbie borrower from PL's I've been doing it since the 80's and up until 2006. 

I came across a local developer who seemed to have a good reputation and a track record buying small to medium multi-families, doing some work refurbishing and repositioning the properties and flipping them in a couple of years.  

You will need the help of a QI and a CPA/Attorney to ensure you structure this one correctly.