You do not need to take on new debt for the $450,000 reinvestment unless you choose to do so for other financial reasons.If you have further questions or need clarification, feel free to ask!

Feel free to reach out with any questions.

Between lender fees, appraisals, and interest, it feels like a big chunk of it has been eaten up.

You'll get a feel for the age of the neighborhoods, the vitality of the commercial buildings, the ease of location, the closeness to jobs.The markets you're describing are more linear, and usually have lower capital appreciation.

If you have any questions on 1031's feel free to ask! 

You don't know for sure exactly what their occupancy rates are but you can certainly get a feel for it by seeing what future dates are open.

I feel like in today’s day in age there are so many tools for STR operations and I cannot believe there is no integration for a merchant of sale transaction or some kind of financial app/ software that can take the remitted taxes and pay them to the government automatically.

If it feels forced, walk away. 

Maybe it’s making the world a better place, maybe he feels responsible for all the employees who have jobs that make their dreams and hopes come true?

I don't think the LVP will feel right with carpet underneath and it's not a sound installation practice to have that buffer layer there.