Either way, you would correct the source of water and go right over top of that flooring, whether it's asbestos or not, unless you're a glutton for punishment. 

If you never accept partial payments you do not have a issue with the amount of punishment you choose to inflict..

I think if you fear punishment from the SEC you should call them directly and ask what you have to do to be compliant with the law.Don't give your entire trust to strangers on the internet when dealing with legal issues.You should also always have good lawyers on retainer to ask these questions because it's their job to keep you in business and out of trouble.

I don't blame these people for complaining, but there are other ways to handle this besides punishing everyone. 

This deal is for the seasoned invenstor who is gutton for punishment.

The nice thing is that the 1031 allows you to do this even imperfectly and still avoid all the tax - so even if there's punishment its usually opportunity cost and not a painful eye gouge. 

As crazy as it sounds, but you are getting punished for paying off a delinquent charge-off, if you suddenly come into funds.I would suggest that you go to www.creditboards.com and educate yourself about credit repair.

What you are suggesting is a punishable offense worthy  of jail time  .

They have the right to call your loan due immediately if they find out that you aren't occupying, and furthermore you could face other punishments such as fines or jail.Hope that helps, best of luck!

This by-passes AirBnB punishing the superhost.