Challenges?

Challenges?

According to him the retail price for this property is $285,000 and so if's that remotely accurate we could make a really good option fee on this one.The challenge for us and this is where we need your ideas, is how do we market this property to the higher end tenant buyers?

I would tell them the problem didn't exist before they occupied and that you've taken steps to keep it from happening again.

@Roland Rohde points to the challenge of finding replacement property(ies) within the 180 day timeline...it is possible to do, and they occur often.  

Challenges?

A split to 80/20 could be problematic because it doesn't reflect the Joint nature of the tax return and could be seen as a step transaction if she was to only do an exchange on her 80%.Owning as Joint tenants is certainly a possibility and in fact the one that matches the tax return. 

There were some challenges as to how such a site would vet the data incoming and how the site owners would risk liability if inaccurate information kept them from finding housing in their area.It's a great idea on paper, but I think unrealistic to implement.You can meet that need by doing your due diligence and screening heavily. 

A little bit about me,  I just moved to Detroit downtown metro 3 months ago and I am inspired by Brandon's "90 Days Challenge".

The also use LandlordLocks.com masterkeyed locks on almost all properties, but I've found it challenging since some properties have 1 lock, some have 2, 3, or even 4.