The builder is including a finished basement  (approx 700 sfqt and 7'1 - 7'9 foot ceiling) with a rough in for a bathroom/shower and wet bar (small kitchenette can be installed in lieu of bar) .

Standard can go (2) ways ELA Express Loan Approval less than 12 days to close or going FHA, VA or Conventional with Rush appraisal and still under 18 days.Biggest part is making sure the deal/loan is discussed in detail with banker, Processor, Realtor, Title company and appraiser cannot drag feet unless you use an AVM.

Good luck buying some bread with your gold bar.

I am a little confused on the 2nd part..

-Roughly 98% of the $3M balance comes from administrative “paperwork” violations, with fines of $500 per day, per item, plus compounding interest rates that no private-sector party is legally allowed to charge.

I'm thinking through seller financing, I could secure ownership of these properties with no money down, and use a 3rd party management firm to handle everything since I am hundreds of miles away (I'm in Dallas and the properties are in San Antonio and Houston).

I've also found it incredibly helpful to involve third-party vendors to assess any damage.

Same with a neighborhood called Albany Park it used to have shootings and now hipster bars opening up, ride the appreciation and rent growth wave. 

I successfully completed all required coursework and passed my exams this past August 2025, and I’m now in the early stages of building my property management business.At this time, my focus is exclusively on third-party property management — helping owners manage their existing rental properties.

Would I need to have the builder or some 3rd party hold the deed to the property until the 1031 can be completed?