There is too much risk that the deal could fall apart in 90 days.In addition, if you are selling a short sale, cautious title companies require so many disclosures to the shorting lender, that in some areas, same day sales of short sales are all but dead.

They are even listed on the disclosure and your offer itself, so just contact the seller directly.

Again, please give us a Title Quote on a 500k purchase with a 400k purchase loan, same as if I sent you a request for a Draft Prelim CD (closing disclosure) listing all the title costs, charges and fees.   

Full disclosure I haven’t used the app.

That said, still disclosure required given a donation of the property, and the need to have a third party appraisal performed, the appraisers qualifications, and depending on the amount, attach a copy of that appraisal to the tax return. 

By owning both properties now, I ensure I see the benefit (appreciation and cashflow) of both assets and avoid creating a taxable event.  7-8% interest rates certainly make it more challenging now days, but the same could be said for selling your asset for top dollar and financing the new 1031 asset as well.Full disclosure, I'm a buy and hold investor and recommend others to do so as well, but I also recognize 1031's have their place (I've done 2 myself).

You seem like the type of person to follow all the rules, but I'd keep a watch over your disclosures in real estate that you are also a hard money lender because I didn't see that on your website.

As long as they truly understand that they are not forced to go with you for the lending because your their agent for vice versa, and have all the required disclosures, you should be good. 

Full disclosure, I have yet to use a local property management company here in San Angelo, but I have heard many great things about Aaron Nelson’s expertise if that’s the route you would like to go, and I do see that he has already responded to your thread.

If we did these all the time, we might shave 5K off the cost and 2 weeks off the time, but more I think would be wishful thinking.We did full disclosure during the sales process, even did a write up of the process with before, during and after pictures documenting the renovation.