It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.

Let’s Change That in Just 5 Days!

The housing market is always changing, and staying informed is the key to making smart moves.

And that something caused you to change that intent.But a 1031 exchange would allow you to sell this property and buy any other type of investment property anywhere in the US. 

You'll want to make sure that you use that new property long enough to establish that you had an investment intent and then changed that intent. 

Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, etc.

Ask if you can do little tasks like having to go change a lightbulb, change a lock, etc.

Quote from @Jason Sung: I agree with Greg, you could first talk to the contact you have been working with on this so far, see if they can change it..

I recently bought a commercial condo (retail) and have been going through hoops with the seller (developer) to make changes to make the space ADA compliant.