Stay laser focused on the best deal available right now ( or continue to save - patience is usually rewarded in the real estate game and haste can be punished severely).1031 is for investment. 

My only other piece of advice is to stay laser focused on ONE niche at a time.

Turns out, it has some major flaws ($$$) The sub floor and beams under the bathroom are rotten and will result in the bathroom being totally torn up to get to the beams and repair and then putting the bathroom back together.The other thing was-there is no access to the attic.

Make it worth their while to pull those beams.7.

The framing is wood beams, and the walls are stucco.

Pier and beam, higher square footage, and other items will run more as more time is needed.

Most of the I beams on the stairwells have been replaced, and all stairwells were scraped, caulked and painted in April of 2006. 12.

If you put 200k in REI you may lose it; likewise you may feel you lost it putting it in college.There's an argument that you should have a laser focus, put all your eggs in one basket, and make sure you have a reason not to fail (losing it all).It depends on your propencity towards risk.

The cost to cure is also a wide variable because it depends on several factors.1) Is the foundation a slab or pier & beam.

I could see the possibility of it with a pier and beam house that has a wooden sub floor (though I think its probably completely unnecessary), but I would find it highly unlikely that you would ever see cabinets mounted into an actual concrete slab.