Assumptions:- There are ample comps and you trust your evaluation- The time frame to close is in line with what you are looking for- Buyers POF is acceptable to you- Since market conditions vary, lets assume it is in the market you do most business in today (buyers/sellers whatever today is)- You have a life of offer of 5 hours from when you get it- EMD is acceptable to youI know it's a hypothetical and those are always missing things but just to foster a discussion.Thanks

It is fairly inexpensive at around $150-200/year per property.

My timeframe is late Spring to early Summer 2017.

I know many investors who live in expensive markets who invest in different markets where they can find a greater ROI.

Both of which are expected to resolve by June/July time frame....Until then, I am just gathering knowledge on MFH and commercial...I will watch the CIBR website and see how long it takes to this JIB opportunity to sell... they also have starbucks at $2.7m, and i will see how long that one lasts....

We hope to accomplish this within 2017, but this is the biggest and hardest goal...so there may be some flexibility with the timeframe. 

I feel like there's got to be an inexpensive comprehensive lease out there somewhere.  

(1) will have only small cash flow due to the turnkey and related PM(2) is a better choice as there will be more rent income (GSI) with little increase in expenses.

That way, either party can give notice to vacate basically any time within the timeframe your area requires....typically 30 days.

Generally, if you didn't have a partnership or LLC etc during whatever time frame (such as 2016), then the IRS does not want you retroactively deciding that the tax would work better for you in a different manner and telling them that is what happened.