My wife is a wizard with interior design so we make a great team.All of that is wonderful, but what's next.   

I've had tremendous success asking questions here before, so here's hoping!

In this case, correct, 1031 exchange is not available. 1031 exchange is property for property, and an interest in a partnership normally is not (with a few rare exceptions, so you may want someone knowledgeable to give you a second opinion for your particular situation, which requires reading your inheritance documents.)Whether or not you have any mitigation strategies totally depends on your specific situation and requires a one-on-one. 

She also lives in a neighborhood with an HOA, so she'll have to find out if they would have any issues with it too.Anyway, all things that need looking into.Thanks for the help,Pete

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

So I have 6 individual reports.

This is my first property so I am hesitatant to see the condition of the wood with all of the aluminum pulled off.

Hey @Alec Dressler, so this is something I would probably avoid.

If so, use your VA loan to buy a house hack there in Cheyenne.