I intend on purchasing the land, re-zoning to R-3A (in-progress) and amending the subdivision plat to turn the lots providing both proper frontage.

Amending my last comment...If your pref is based on IRR the sponsor won’t get their promote until investor’s cash in = cash out + the annual compounded pref rate

They would need to put in an application, be approved, and be added to an amended lease. 

More if I can amend the flood map and remove flood insurance in the future.

Today is Nov 10th, and he still did not send me the payment and has not responded.In July, when it was time to renew the lease, he also messed up on the renewal dates on the contract and was reluctant to get it amended with the tenant.

I'm now fairly certain that my 2019 filing is incorrect and I will be filing an amended return once I've figured out what "correct" is. 

Louis in almost all areas)If a Section 8 tenant (which should be clear in the ledger if not already disclosed) - the signed HAP and/or the most recent HAP amendment/notice of change (whichever is newer) Also require satisfactory walk through & inspection.  

Please see the following link for the exact set of rules as of 2017 with a 2018 amendment:Union City Rent Stabilization Ordinance 20172018 amendment

So if you don't complete your 1031 you'll want to amend your tax returns to at least take advantage of the depreciation benefit before you have to pay it back.If your gross gain is $250  then that is probably taxed at 15% federal plus whatever state.   

His recommendation was to instead amend the CC&Rs to something everyone agrees upon and not to dissolve it entirely.