I would make sure to have a camera system outside if you have any worries about theft, but I personally think you need at least one exterior photo. 

You can take any amount you want out of that profit but realize you will be taxed on anything that hits your personal account. 

.* FHA loans require both parties to owner occupy for 1 year* A 203k loan is not a first time buyer program, you can own a home and still use the program as long as you live there* The loan must be made to a person, not an entity. 

Should I go with this architect person to handle it?

I am an ambitious DIYer and have upgraded every part of my personal home in some capacity. 

I personally love the Cleveland market for its cash flow ranging from 10-18%.

Hiren, I've personally been focused on the northern MSA markets of Round Rock, Georgetown, Cedar Park, Leander.

I'm sure there are plenty of paid mentors and coaches out there, but from personal experience its been the on the job 1 on 1 time with someone doing what you are trying to thats been most impactful to me.  

Basically all rentals, even ones owned under LLC, come up during loan DD as long as you file them under one tax return as personal, that was what happened to me earlier.  

I’m not an expert, but I don’t think you could live in the new property if you 1031 nor would you be able to access any of the proceeds for personal reasons.