Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.

That's already in the law and applies to floors, windows, lawn, etc.

@Tayvion Payton here's some useful info:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.

Syndicators do this because most passive investors are not sophisticated enough to realize the "security" of the preferred return means they usually are giving up the potential for massive returns if the deal does well.This next comment would apply for all syndication.  

The terms were 6.875% 30-year fixed, which I applied for in October.

The document you linked to is for NY State as a whole so that applies to Erie and Niagara counties.

Value adds are always a great opportunity to generating additional more money.If you have extra space on your property, consider applying for an ADU. 

.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

This applies both to single-family residences and multi-family buildings.Non-residential HVAC systems, such as those in office buildings, warehouses and shopping centers are eligible for bonus depreciation.