I'm not sure about Florida law but in Pennsylvania tenants have a legal right to quiet enjoyment and courts have interpreted excessive landlord intrusion as a violation of this right.

Because of the room for interpretation, I recommend you work with your tax advisor to figure out that part.

I don't want to give advice on how to interpret them, but they are good start for knowing what liens the court claims will be extinguished, or what issues with the title may remain.  

Just wanted to show another opinion :)Your interpretation of my position is correct - if the sponsor has no capital in the deal whatsoever or risk other than their time, then I'm out.

In addition, although appreciated, you are making several assumptions and interpretations in your post that are mistaken. 

The way i interpret it is, the list will only produce either pre-foreclosures, or pending auction sales or properties that are now bank owned.

Am I interpreting this situation correctly?   

@Leta Eydelberg, not to beat a dead horse here but like others have said it's also too late in the day to be asking for 1031 rules interpretations once you've chosen an intermediary and started a 1031. 

I'm sure the moderators have to make frequent judgment calls in interpreting the rules. 

On smaller loan amounts it's the points/fees that gets you (the 3% for owner occ and 5% for investment that you referenced), on larger loans it's the "average prime offer rate" (APOR) test, the computer is comparing the interest rate and APR on the cash out, 2-4 unit, high balance, high LTV, investment property (worst possible pricing, every individual item I just listed is a 'hit'), and wondering why it's X% higher than the owner occ 740 FICO 25% down $500k house (best possible pricing).Surprisingly, you see a LOT of variance in the interpretation of these rules, which translates into what is programmed into the various computer systems.