Banks like proof the funds were in a bank well before closing. 

RELATIONSHIP WITH YOUR ADVISORS 🤝Good QIs:Work well with your teamRespect professional boundariesCommunicate clearlyStay in their laneRemember: The best QI relationships are professional, not personal!

I am not worried so much about maximizing it rather than that it gives me a bit; because as more of the estimated $150000 property mortgage I want to take is paid down, the numbers get a bit better with appreciation as well.

That's my takeaway as well.   

However, these properties generally have a lot of land improvements that qualify as well as certain portions of electrical, mechanical and plumbing that can qualify.

I am doing by the room as well and it has been a struggle to find a pm that will manage it! 

You can indefinitely defer the tax and use it to purchase nicer property/properties, as well as not have to recapture any depreciation.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.

I recommend you hire an attorney for this until you know the process well enough to do it alone.

Expect any step needs to play well w/1031.