Practice your pitch!

For the practicality of the OP's question, vacancy isn't an issue.

Thanks Ethan all very practical advice!

Is this standard practice or a red flag? 

Are there any best practices for maintaining accurate financial records and documentation for these transactions?

Is this normal practice not to sign a Settlement Statement or not to be provided one at closing?

Interesting ideas; most residential investors are not considering a practical issue with 1031s - you are operating under strict limitations on the purchasing side and it forces your hand and you end up overpaying on the purchase side; the (small) tax advantage gained are often not worth it.

It is assumed the lease will end on the scheduled termination date.However, best practice is to never leave anything to chance.

Opening all the doors and windows to draw the dust outside with fans blowing towards the exits as well is good practice.

I am buying 2 self-service Car washes as a JV and my partner and I are looking at best practices for how to remotely operate the properties.