Then for each subsequent purchase, the LENDER will be providing the new DEPOSIT from your re-appraised and re-financed previous property - and will also lend you remaining balance required because of your built-up equity.

I want to figure out a potential exit strategy now because if it's going to be a money pit, maybe I won't buy the subsequent taxes, just hold the lien I have now. 

In order to defer all of that in a 1031 you will need to purchase other property/properties (yes you can sell one and buy several) worth at least the 1,400,000 and use whatever cash is generated by the sale in the next purchase or purchases.If the improvements are being financed outside the property itself you can reimburse yourself after you complete your exchange and subsequently refinance one of the new properties to pull cash out.  

For my first deal or so I'd envision contributing the due diligence on the acquisition, performing all project management of the rehab (while paying contractors at an arm's length), refinancing / financing the property and then performing the subsequent management.  

I consider it a legal scam as the agencies that provide the doctors that rubber stamp the certificate are legitimate agencies (same agencies that certify the legitimate service animals) that collect fees for this serviceSo far if I allowed animals at the unit I have accepted the certificate and have not collected additional moneys (normally I charge additional cleaning deposit and a small increase to the monthly rent (1st animal is charged more than subsequent animals)). 

All proceeds from the subsequent Sale then go to the Bank.If you are trying to help YOURSELF though, by all means see if Devan is right...

But each time, I learned and was more prepared for subsequent occasions.  

Work out the first deal weighted in his favor, then he will be comfortable working w/you on subsequent properties.

“Many world-class performers have little formal education, and have amassed their wealth through the acquisition and subsequent sale of specific knowledge,” he writes.

If not, on your subsequent mailings, do you maintain sending to everyone on your list?