HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

In my experience, being around growth like minded individuals is what has allowed me to grow the most.

It's important to find out.But for now, let's assume that the property is worth $63 million as @Jason Piccolo indicated above and the loan balance is $59.8 million. 

Purchase price: $1,100,000 Cash invested: $400,000 Sale price: $2,200,000 High-end property rehab with 4 individual units.

While your lease may indicate that the tenant pays, the biggest problem with this is that tenants will stop reporting issues for fear of paying.

Same carpet in b+ area will get 10 years plus.i stand by my sustaining maintenance/cap ex estimate and hope my response indicates why.  

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

This notice is a formal document indicating that the homeowner has defaulted, and serves as a warning that the property is at risk of foreclosure.