Correct me if I'm wrong but I thought the property would have to be completely renovated?   

If I read your post correctly, you are working with $600.00?  

If I remember correctly your burial plot is one thing they cannot take from you, a most recent example being Nicholas Cage's plot in New Orleans.

Am i thinking about this correctly?

There's no correct answer as lender's/investors change their guidelines/price so much that one month one lender can be the best at DSCR in price and guidelines, then the next month have changed guidelines and worst price.In the non-qm world I think relationship building is important.

Here's a link to the story:  https://www.nhar.org/news/arti...And Melissa Silk is correct--New Hampshire is a year-round vacation state. 

First, you have to buy correctly.

Brian is correct.

Please correct me if I'm wrong, thats why I'm here2- Tear the house down and put up new construction.

It’s a bit complex, so working with a 1031 exchange expert and a tax advisor is crucial to make sure everything is done correctly.