Whatever money has not been spent on replacement properties at that time comes back to you because there is no longer the opportunity to complete an exchange.To emphasize the importance of this concept to a QI you must understand that the way we treat one client procedurally is how the IRS would perceive we treat all clients. 

I understand I won't make as much as a purchasing a home, but I am curious.

I was following along a great webinar but there's something I don't understand.

I just found out I’m still young to attend my real estate meeting that hosted at a bar every first Tuesday of the month but I’m still trying to get information from people all the time talking to people understanding in and out of real estate I’m still a newbie still trying to get my feet wet if there is any other rea meetings in San Antonio let me know

Better to spend a couple hundred bucks than to lose thousands because of a quirk in the law you didn't understand.. 

@Roger Evans a 12 % return on your money is a reasonable amount if you understand the risk.

I'm sure there are a lot of things I don't understand about this so any light shed on this would be very helpful.

But understanding why it has been vacant for 12 years is the key here.

I realized that getting sellers means nothing if you don't understand what your potential buyers are looking for.

It's been my understanding from the research/coursework I've done that this is almost certainly against their primary mortgage's terms.How common is it for banks to call loans in these situations & how safe is it for people to offer seller-financing in these situations?