I only pay if there is an unusual infestation that requires professional treatment and if I can verify that it was not caused by the Tenants lack of proper house cleaning.

I have a few trade secrets that have really made our units "pop" by doing this.Clean window treatments.  

While the 1031 replacement property TIC (tenant in common) industry can have up to 35 owners for an individual property to still maintain the 1031 treatment qualifications on the way in and out of the investment for all the owners, many lenders are now used to doing TIC structured loans where there are only 2 or 3 owners, but they get in as tenants in common and not joint (or other partnership) tenants/owners, so they get the freedom to go their own way afterwards.

In my layman's view, you do not qualify for 1031 tax treatment.  

Omitting the seller's depreciation in the valuation to the sale price skews the tax treatment, the value will not be correct for the seller and they would be paying gains on the sale without the expenses properly accounted for.

By far the most time consuming is driving to pick up the ones that get in person treatment.

Income you earn on any investment of that money will be taxable.The treatment of the gift for your father will vary by country.

Such a provision would not prevent efforts to negotiate repairs/treatments as well as adjustments to the purchase price, as long as terms were agreed to before the option period expired.

(Avg age of POHs is 20-25 years)       54 occupied pads         4 vacant pads          1 vacant POH.Avg. lot rent: 450/moAvg. home rent: 850/moTotal claimed income:  399k Total claimed expenses: 110kWater treatment plant and well water

While it can sometimes get advantages similar to equity for tax treatment or even participate in depreciation in certain structures, for all intents and purposes, investors need to view it as a loan.