We used to just say we no longer participate in Section 8 program but new laws eliminate that option.

It might not be a big deal to sell later if you want to do that and it could eliminate some of the stress of the timeline. 

Finding a property that cash flows with these numbers in San Diego likely eliminates SFR and requires multiplexes.  

We want to eliminate our same day turnovers.

Ooops lolFor example:75% of tenants pay their rent online.Others mail a certified check to our office.Showings are virtual and automated.In-bound calls have been slowly eliminated over the years and a lot of our operation is conducted through email and other platforms.There is almost no need to visit the office.Looking to automate and virtualize even further but we still like having an office as it's good for camaraderie so will keep it that way for now 🤓 

They will also collect rent and ACH it into your account. 

My question is, is there anything more I need to do to (i.e. issue a formal written notice of lease violation) in order to prepare for the possibility of keeping a portion of their security deposit to pay for eliminating the odor? 

Once the 1031 exchange is completed (again assuming 1031 compliance), I can continue to rent the property indefinitely or at any point after 2 years of rental, use it as a primary residence and thereafter living in the property for at least two years qualify to use the Section 121 Exclusion to eliminate capital gains entirely (gains estimated to be about $70 K, well under the $250,000 single filing limit).

NOTE; This is skewed as I don’t look at any notes that won’t yield at least 12% at offered pricing, I don’t look at any residential notes, only commercial, and no notes under $500,000 principal balance, so most notes are eliminated before hand. 

The whole point of the AMC is to eliminate exactly what you are looking to do. so, no, you do not have a choice.