You would want at least 25% down on a deal this size.Now, I don't think you should try to interpret their reasons for doing something.

Glad to know I interpreted it right.

My interpretation is that you'd need ducts in this case. 

If not you're going to need one anyways and they can go over lot of this.1031 rules in general can be interpreted differently depending on your risk appetite, but a lot comes down to intent.If you need a intro, I can help and share my experience of how I handled a similar situation...

Once you find one, if the seller has a knowledgeable agent representing them, There could be different interpretation of that reason and seller will try and keep the earnest money.   

The communication gap, disability bias, and concern about "working with an individual who has disabilities, do I need an interpreter?

Usually the GP sends some kind of report to show value in an easily interpreted format.  

How should I be interpreting this.

My interpretation of this is that in addition to the repairs/replacements, if there are codes that need to be corrected or upgraded, AHS will pay up to $250 to bring it up to code.

The other one is a capital expense nightmare waiting to happen (my interpretation)If you sell those what are the odds that you could at least find a property that 1.