Based on your inspection findings, these issues could potentially be costly and complex to address.

You are making this far too complex.

While most tenants might not be in a position to purchase, getting that confirmation can still add time and complexity.

(new apartment complexes). 

I will note, that it can become more complex depending on what contracts you have on the property.  

Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.

I have an attorney in Illinois (Sottile and Barile) who we use that might be able to provide some assistance on this as it could get complex in regards to the situation - especially if any of the current deed holders have children involved.

@Chris Seveney really, you think it's ok if all the apartment complexes stopped sharing rental history? 

Hi William,Sounds like you had everything you need to for a simple case however, this case seems more complex.

Too complex and the need to bring additional financing in kills the value of the 1031.