If they don't have any...then we need to find one that does.3.

It may be a small chance of getting caught, but still a chance which makes it not worth it, in my opinion. 

The Seller has the option to reject your items, accept your items and make repairs, or select which items they will complete. 

I'm looking for an experienced contractor to partner with on my first full flip; I own two properties and have done minor renovations to those properties but this is my first full flip with a full rehab so I want someone with experience to assist as I learn the ropes.

Looking forward to learning from each other!

The 1031 first would make sense if you needed to reposition to make it more attractive for a refinance or move it to increase cash flow first or change sectors. 

I tend to ask the same questions multiple times over a period of time to see if I get consistent answers.

To make that $200k. :-)I guess if that $35k was a once and done it wouldn’t be too bad to send them $3,500/mo while they send you a check for $16,666/mo.

Have you checked with an SEC attorney to make sure you know how to legally raise money? 

Since you're wrapping up paperwork, make sure your lease terms are solid, get the right insurance (landlord + homeowner), and set aside some cash for future repairs.