The only way to reverse these is to prove the tax collector screwed up on notification and that is primarily done by counting the days in the newpaper.. they must publish for 21 consecutive days prior to the sale.

They were accepting deposits to their accounts just weeks prior to announcing conversion to equity. 

This person in particular has no previous real estate experiences prior to 2015 except his own rental lol that company that he work for also doesn’t have integrated vertical system to build and manage properties, so it is easy to understand why his investment gone kaput.we have too many newbie Lp investor also that think just because they are rich from tech they can blindly invest as LP somewhere without due Dilegence….

It sounds like you will not have lived in the property for 2 out of the 5 years immediately prior to selling it. 

I am assuming that these expenses should be factored into your budget prior to calculating your cash flow.

Prior to Corona, we had one of the largest emergency funds of any state (possibly largest of all states).  

I would speak with them prior to buying anything if it was me.

Refinancing  immediately prior to a sale - yes that is a cause for some seasoning. 

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.

See if you have any pics prior.