The $60,000 renovation budget presented a clear opportunity to add value.

Thank you @Paul De Luca for your thoughts.

If you don't mind debt at this point you could move further into NNN ownership which gives you plenty of opportunity to be involved without being on call 24/7.I'm thinking though that you might be a better candidate to use the Delaware Statutory Trust to keep your toes in the water but also have more leisure time while still generating income.DSTs work well with 1031 because you must vet them like a piece of real estate not a stock. 

It was a house that I was presented with the opportunity to purchase.

At closing, you will likely meet at your title company’s office and a title agent will be present.

(We are presently having to evict a tenant that stopped paying their rent.  

You always want to be saving up to do the deal yourself, up and until the time a trusted friend or colleague presents themselves and a scenario like that could work.

Akshay,If your moving out of a SFH primary and claiming 2-4 unit MF as a new primary it can present an issue with certain lenders.

Is so, does the clutter present a danger to other units (pests, fire, etc.).I would talk to your agent and see if this is going to be an issue.

You might be able to get a collaboration going with their head and present those options to the board.