Once they tell you what you're looking at as far as breed/possible treatment recommendations you can decide if you want to do what @Jeff B. said and take the first one and issue a warning to them about any further issues.

There is a shortage of rentals in our area so re-renting will be very easy.

It is quite a bit more complex than a straight exchange but your QI guides Where Pearce may have issues is in establishing intent that qualifies for 1031 treatment.  

Still trying to determine that).Some moderate termite issues were found just today, requiring $750 for a full treatment before they can issue a termite letter.According to my FHA lender and her underwriter...this termite inspection / letter should be acceptable.

I would suggest planning to use some deposit for a pest control place to do a flea treatment as a precaution.  

If your LLC tax treatment election was corporation, then you would file either Form 1120 or 1120-S as appropriate for your corporate election.  

There is a vacant property which has been vacant for a few years and an eye sore to the community.

., tax treatment).

Property you bought rehabbed, rented and then refied are more the properties that qualify for 1031 treatment.  

Dark stain will grab on uneven spots or poorly sanded areas and will stick out like a sore thumb once the stain is applied.