There’s other contingencies you can use too, financing, feasibility, environmental, neighborhood review...Have your DD start the 1st business day after they provide you with all the documents, P&L sure, but also you’d want title docs, details on mechanicals like age, repair history and warranty status, insurance claim history for the last 5 years, every scrap of detail on any pending claims, zoning use confirmation from relevant govt entity, copies of all docs they have received from any govt authority related to the property for the past 5 years... there you’d be looking for code violations, notices from EPA or fire marshal, etc.  

Is there a mechanism to 1031 the commercial building I own into the construction of a new duplex on land I own?

It's amazing how quite literally a few pixels and an auto response email pat on the back create this tiny amount of electronic validation that is so encouraging to do more. 

Unfortunately, I was involved in an auto accident late last year which is forcing me to be medically seperated from the military and I will likely relocate to Texas near family. 

Or is it better to just rely on a good handyman or repair person on staff/retainer/rolodex.As @Joe Splitrock said, I have found that the adage of "they don't make them like they used to" seems to apply to most mechanical and electrical devices these days.

The property is all zoned residential and had a single family house, 2 small apartments, and 2 good sized auto shops with office space.

I'm looking for a property with an existing auto mechanic or body shop on it ready to go, through foreclosure or Mls.

I’m working on an interesting property now that has 3 residential units to rent and 2 commercial auto shops to rent.

I'd definitely suggest getting a home warranty (~$500) so that your major mechanicals are covered for your first year while you save up some cash to be able to cover them on your own!

We're targeting value add properties so our budgets typically include 8 - 10k or more for interior rehab plus exterior and mechanicals.