Or if the new property is substantially under the value of the property you're selling. 

I lived somewhat nearby for a chunk of time and it is a substantial upgrade to many areas of life!

It will require little to no equity, no debt in your name, and could allow you to build up a substantial portfolio if done well. 

BP-I currently own one rental that has increased in value substantially.

Windsor has appreciated substantially in the past 2 years but due to high rents, it's still relatively easy to find a ~10% cash on cash return without requiring Reno's etc.

For purposes of this division, in addition to any other type of unlawful and forcible detention of lands or tenements, such a detention may be determined to exist when both of the following apply:(a) A tenant fails to vacate residential premises within three days after both of the following occur:(i) The tenant's landlord has actual knowledge of or has reasonable cause to believe that the tenant, any person in the tenant's household, or any person on the premises with the consent of the tenant previously has or presently is engaged in a violation of Chapter 2925. or 3719. of the Revised Code, or of a municipal ordinance that is substantially similar to any section in either of those chapters, which involves a controlled substance and which occurred in, is occurring in, or otherwise was or is connected with the premises, whether or not the tenant or other person has been charged with, has pleaded guilty to or been convicted of, or has been determined to be a delinquent child for an act that, if committed by an adult, would be a violation as described in this division.

@Sravan Tatikonda depending on the nature of the deal your tax planning can and should influence the timing.

Take a chapter out of DC "how to win friends and influence people" @Geeta Bhatia. 

Could get it very discounted but you’ll want substantial holding costs to ride out vacancy

This substantial increased income to the the seller to will incentivize him to take it off the market until we come to terms at the end of the year.