She will be able to answer all fo your questions quickly and help make sure you stay compliant and are able to take advantage of the 1031 opportunity legally.  

It’s considered an R1 but compliant as a 2 flat as well.

In any case,  if you are bringing in money I'd suggest having a SEC attorney involved in your process to make sure it is compliant.

The latter pass code inspections.My daughter had one in an old college dorm & when it fired up the suspended ceiling rattled terribly due to back pressure as it would suck in air from random ceiling cold air returns.Then again it could be like one of those (in pic) that we had in a ranch we owned & was not code compliant. 

The second phase was to make the property code compliant.

Here's some prior discussions Dodd Frank: Dodd Frank complianceGoogle search on Dodd Frank compliant lease options: Dodd Frank complianceIn these deals, typically tenants pay more than the market rent, plus the option money, so the tenant has a lot more to lose than the landlord.

@Bon Osonwanne you should check with your securities attorney about whether posting about this on BP is compliant with your 506(b) exemption. 

How would you be tax compliant?

If a (b), and you don’t have an SEC compliant relationship w/ any of the GPs, I wouldn’t go any further as they are putting the deal at risk of losing the Reg D exemption and jeopardizing the deal.

Painter Friend's tax ID on a W9 to be totally compliant.