Like everything in life parctice makes perfect and the key is to flip several similar homes a year, this way you get good at what you do, have working relationships with all the contractors you need etc.

Turns out I'm in the perfect market for this type of product and everything is coming together.

@Douglas SpenceYes and many other inspection items such as cracked window pane, paint the outside, changing a perfectly fine toilet supply line, changing a perfectly fine p-trap, trimming trees, etc.

You just need to use it for rental for a year or two which would coincide perfectly with your retirement timeline.

None are perfect, they all lie but you must hold to your minimum standards and those that rise above you can consider accepting.

I'm sure the tenant would understand perfectly.

Too many syndication sponsors are "underwriting to perfection" these days. 

What @Ashish Acharya nailed as the issue is that the contribution of that property after the exchange into a disregarded LLC (one member - your tax return and doesn't file it's own tax return) is perfectly fine.  

In a 'perfect world', you wouldn't need anything to secure the loan other than your good name. 

PLEASE HELPIn a perfect world, it is a good property to use the BRRR strategy on and generate income for all of us.