Any insights why lenders wouldn't like to finance this kind of properties?

"Like kind" covers many properties including commercial.So you can exchange it one if you like.How much do you have to exchange and how much money do you have to put with it??

It can take the tax assessor/collector months to update a tax mailing address, so those records aren't the best indicator of current ownership You'll need to learn how to look up property docs in your county so you can see what kind of liens and notices, etc have been recorded.

In my experience, they won't accept that kind of offer.

With Tenants, it sounds like you predict that another bathtub and countertop refinish are needed after a few years ( or some kind of refinish touch up ) ?

In my experience, ridiculous bids come from one of two kinds of contractors. 1) Overloaded: They're very busy and/or don't like something about your project, or...2) Shady: Predatory contractors that throw out lots of outrageous bids and wait for someone to bite.

I know Baltimore very well. tell me how you plan to finance the purchase, how many you're looking to do and what type (single family rental, multi family, what kind of purchase prices are you comfortable with)Dave

What kind of due diligence (if any) did this buyer do before dropping almost $5 million dollars?

What kind of deals are you working on - Wholesale, flips, rentals, or other?

And what kind of trust is it?