I consider it to be one of the single biggest red flags in a potential customer.

(After all, it has been three months and the market is red hot and appreciating, and they are owed $200k and counting on the mortgage!).

One person spoke about maybe including a car with the unit!

My clients know they are paying a fully disclosed 5% narkup which includes coordination of services, etc....

still have debt (including mortgage), but would love to start learning how to get ready for retirement.

That's 3 hot water heater, 3 roofs, 3 heating/cooling systems, 3 of everything... including 3 crappy tenants all somewhere far away. 

I mean red ink saying " hey I loved the dress you were wearing after you came out of the shower...OK OK OK.. maybe that is a leeeel bit exaggerated.. but my point remains.Just say what you need to say.

We're estimating the total cost of the project to be $350,000 which includes acquisition, rehab, and holding costs.

Or does it include wiring with an external tar impregnated cloth jacket as was used well into the 1960s: this wiring frequently has plastic insulators on the individual wires (which can become brittle) and/or paper sheathing within the outer jacket.

Additional info:primary 1031 exchange rules and requirements include: 1) same taxpayer: the taxpayer who sells is the taxpayer who buys, 2) property identification within 45 calendar days post closing of the first property, 3) purchase of the replacement property within 180 calendar days, 4) trading up: the price of the replacement property is equal to or greater than the old or relinquished property, 5) hold time supports the intent to hold for investment, and 6) related party transaction regulations.