The property is purchased by the QI using exchange proceeds and held in an EAT until improvements are complete then title of the 1.5 project roll to your exchanging entity.Where it gets sticky is in how valuation and completion occurs of the 500K improvement.  

@Ian Smith sticky situation.

There might be more requests for maintenance issues like loose hinges or sticky door knobs. 

I'm sure I will need to watch the lost food and sticky fingers. 

Learn what is important in your market (for example, rice cookers are essential in Hawaii) and what is not important (fancy Espresso machine - not so much).  

Is it fair for people who bought a McMansion they couldn't afford to go back to 2% for 5 years when another family eats beans and rice for the next decade to pay on their loan at 8%?

That's a waste of time and paper.If an owner is not home and someone answers, I offer to come back.If an owner is not home and no one answers, I will put a yellow sticky note on the door.

Makes a sticky pasty mess so cover the floors well.

These issues,and gender roles , and who makes how much, they all come together to make a very sticky situation in many relationships. 

This should be a sticky thread for bright-eyed hopeful landlords wanting to wade into lower end waters!