(If you see similar wording/phrasing, it may have come from you, to which I give full credit!)

As an example: the lender asks for a payoff letter for a credit card or some other debt so that it can be paid off at closing.

You're definitely on the right track and live in a great real estate market to be successful!  

All clear on deposits that they were credited in the loan. 

You’re on the right track, but make sure to consult with your CPA to confirm your plan aligns with your situation.

You can qualify for another Fannie Mae loan with 5% down, as long as you meet lender criteria, including debt-to-income ratio and credit score.

In San Francisco, this choice is taken out of your hands and is instead a determination made from and by the Planning department.From an Investment POV, you are absolutely correct that combining the lower and the ground floor units is the best option to preserve your ability to perform a fast track condo conversion and generate the most equity in the shortest amount of time.

Between cash, and credit availability I can get $15k to fund something without impacting my household income.

Thanks to the Inflation Reduction Act, the IRS has launched new online tools to streamline clean energy credits.

Question 1) does the depreciation recapture follow thru the 1032 exchange where you still keep track 50k worth of recapture?