KING:I invested with Jay Young and his team based on a recommendation from Sarah Sullivan at SuGo Capital.

I’m thinking I’m doing it backwards.I just don’t want to show the house to tire kickers. 

Congrats Jay!

For you, Jay, that means ask someone to do that for you. :) I don't think they spend money on the site.

Quote from @Al Watts: @Jay Hinrichs yea right.

@Mary Jay, To defer all of the tax, you must purchase at least as much as your net sale (sales price minus closing costs and commissions) and use all of the proceeds (Any equity received) in your 1031 exchange, as @Bill B. and others had mentioned.

He had a BRILLIANT legal mind and was a GIANT in the Atlanta real estate community.Sadly, he passed away a few years back, otherwise he'd be my #1 recommendation.I'll ask around and see if any names pop up.That said, to the point made by @Jay Hinrichs, the closing attorney is going to assume YOU'VE got all necessary paperwork in order.I wouldn't expect them to advise you on how to insure or take title without creating problems with the mortgage lender.That's on YOU as the investor.I would URGE you to have all of that worked out BEFORE you attempt to close a sub2 transaction!

@Jay KeWe’re a Property Management Company (PMC) in Metro Detroit ONLY, with 25+ years of experience, and we’ve seen owners make the same mistakes, over & over again when looking to hire a PMC – which drives us nuts!.

Don’t advertise the option price upfrontYou’re right, almost nobody posts it publicly.Not because it’s a secret, but because:You need to confirm they can actually qualify to exercise the optionYou need to verify their timeline + income + creditYou want the flexibility to adjust the strike price based on market data at the time they’re screenedThe proper flow is:Advertise it as “Rent-to-Own / Lease Option”Screen them like a normal tenant (income, background, rental history)Once approved, then present the option structure, option fee, strike price, and timelineIf you share it too early, you get tire-kickers who want an option fee refund when they get denied.

.: Quote from @Jay Hinrichs: Quote from @Erik Estrada: This has to be a troll post...