Don't really like the concept of fractional ownership. 

But with a closing of 8/30 you've got time.As far as your other two questions- The 1031 exchange requires that you sell and purchase actual investment real estate (or an IRS approved 1031 compatible fractional product). 

The biggest issue is the market....you have way more people wanting/trying to flip now than ever before with only a fraction of the distressed inventory there used to be.

These situations don’t come up often so acting decent and helping terrified women isn’t a business decision as they are a fraction of a percentage in the scheme of things.

WEst coast though its a fraction of what we used to do.. 

In the grand scheme of things, the price of the tile is only one small fraction of the cost.

The properties I rehab in new developments include all of the upgrades the builder would offer, but literally at a fraction of the cost.

In 1950 our GDP was a fraction of the size and our currency was backed by the gold standard.

A 100+ year old house could be a serious money pit and like Ann mentioned the stats of McGill are quite depressing.You could generate some serious cash flow with $350k elsewhere and not take on a fraction of the risk.

You're looking at 60-65% LTV's at best and above market rates.2) You'll pay UDFI tax on the debt financed portion. 3) The debt financed fraction is current debt divided by the basis.