Then we would be profiting a clean $2k a month from just this property alone and still have money for a down payment for a house hack. 

Tenant moves out, you spend $600 on cleaning and repairs, you file a claim, and Obligo pays you $600 in three business days.Here's the real good news: Obligo pays you every time.

Best,GZHello @Gabriel Zepeda,As @Andrew Abeyta correctly mentioned, there is not a direct and clean way to use 1031 exchanges to pay off debt on your existing portfolio.  1031s are great for lots of things, and they're really important to serious investors; however, they are not very useful as a tool for deleveraging. 

Looks like carpet would be the best option. 

I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

if it's a low rent area then clean it up and don't spend the extra money.

It applies to certain components only, such as carpets, appliance, fences etc.4.

For example, appliances, carpet, driveways/parking, fences, and various other components.

Also find out if they have a move out list for you to check and what the expectations are (ie I expect any carpet to be professionally cleaned and want a receipt, over is cleaned, if you had a pet any poop in the yard to be picked up, etc).  

Clean, paint and make the really necessary repairs that would offend a first-time home buyer.Let me give it to you straight.