NOT ONE person can say I sold them a prop and never renovated it or " did my job " ever.  

Older home (1940's) and it is not newly renovated. 

I need to have him out by Jan 31, 2025 to renovate.

I typically have 3-6 renovations or new builds going at a time. 

Hello,I just closed on a renovated 3 bed, 2.5 bath in this section. 

did small renovations myself, added back decks, paint, new kitched appliances, etc.

Joey,Feel free to reach out and ask any questions you may have but Yes, you can use the 1031 exchange for purchase & renovations. 

He'd heard from the realtor that the house was rumored to be haunted and the owners had abandoned it after doing some renovations and briefly moving into it.

This is not only expensive, but time consuming and it can't be rented during the renovation. 

@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.