Most take near a year in southern Ca, but you hear of exceptions in both directions on that timeline.What some developers are doing here is leveraging the affordability issue and getting permission to build additional ADUs by designating some as affordable or semi affordable units.  

These loans are short-term, asset-based, and designed for situations like yours.

Hi Srikanth, I’ve been investing in Cleveland neighborhoods with a similar focus, targeting properties that align with appreciation potential while attracting quality tenants.

Setting up out door grilling space, because if you don't they will so it's a matter of do you want it at random or by designation. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I currently have eight out-of-state investor clients that I've worked with in the past (some on more than one purchase) and they were all attracted to the Lansing, MI area for it's affordability and steady cashflow. 

The 1031 first would make sense if you needed to reposition to make it more attractive for a refinance or move it to increase cash flow first or change sectors. 

Since I'm taking such a cash hit, I asked the sellers agent if they would be able to designate some portion of the sale price ($200k?)

Class A properties are going to cost you more, have lower cash flow, yet be more attractive to a higher quality tenant base.

The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.