@Sean Dougherty The agent, if they had any short sale experience at all, would have known to determine if there was a second mtg upfront, submit short sale packages to both, and structured the offer and prelim hud, with 5% or so to the second, accordingly.......you’re now playing catch up with a so far botched short sale attempt.

Might add a little pressure on your nerves but this is the game you chose to play be becoming a landlord, and you might have anticipated this occurring.

My fav zip to buy, live, and eat/play is 77006.

If you do not have any plans to continue the investing in the RealEstate, then the1031 exchange is of no good because it is not avoiding taxes but just deferring taxes to next investment property. 

Your lease language also plays a big role here and should explicitly spell out how/if that can be accepted. 

I get approach  sent letters daily etc etc by wholesalers out east .. waste of my time. .most are beginners don't know a deal from a barn door.If I lived out your way and that is the culture I would play.. but for me personally nope..

I have 3 rental single family properties in the Philippines and would like to continue investing in real estate here in Sydney.

You have to read all fine print on disclosures, understand the terms and play accordingly.Credit cards are in the business of making money.

I'm interested in starting out with assigning contracts while I'm continuing to learn other exit strategies. 

@David Medina Patch of Land continues to be a trusted platform by thousands of accredited investors.