As a real estate appraiser, I am always looking at the value of the underlying collateral in the event that I might own it.What do you do with the notes that you purchase? 

We have had good luck with STR in Lexington due to the surrounding areas and events that go on in the Columbia area.

In the event of an acquisition your "Checkbook Control" set up would not change.

i am unfamiliar with your local market but up in the North East, New England in particular, my brokerage hosts a lot of REI meet ups every month.

A good host knows the local festival dates and has a handyman and multiple cleaners on call and ready to goa very clean house and quick turnaround are vital Im listed as a co-host but I pay a local host to do the legwork 

In the event you do have to pay for the repair (although I would heavily contest this with the contractor) I think its fair to charge the tenants with an explanation that you did incur damages for the repair although you previously believed that you would not 

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

In the event we are more than 30 days late on payment the agreement becomes void.

If you're not having any luck with mortgage brokers (I'd search out the ones who specialize in investments), then go to your local REI meeting. 

However, to my understanding, a 1031 conversion of an investment property to your primary residence after a safe harbor of two years does not trigger a tax event.