If you are worried about this there are companies that handle servicing these payments automatically on a scheduling system if you have a bunch of them. 

SPECIAL RULES FOR SECTION 1031 LIKE-KIND EXCHANGE TRANSACTIONS, page 135 states:". 01 Taxpayers are provided the relief described in this section if an IRS News Release or other guidance provides relief for acts listed in this revenue procedure (unless the news release or other guidance specifies otherwise)..02(1) The last day of a 45-day identification period set forth in § 1.1031(k)-1(b)(2)(i) of the Income Tax Regulations, the last day of a 180-day exchange period set forth in § 1.1031(k)-1(b)(2)(ii), and the last day of a period set forth in section 4.02(3) through (6) of Rev.

Quote from @Gio Kattan: I would check with a local realtor that are doing deals in this area and local PMs in the area that deal with STRs to give you the answer on that! 

Does anyone have experience with this and have a suggestion of which to go with?

This is a great place to learn and to connect with people so take advantage of all the great resources.

This is because there’s well established case law that states a lender can only hold a guarantor personally liable if there was a benefit received.

This reminds me of the quote: "When the student is ready the teacher will appear." 

We will be renting our current property when we buy this new property to use as our new primary residence.

Otherwise, when he has laid a foundation and is not able to finish, all who observe it begin to ridicule him, saying, ‘This man began to build and was not able to finish.’

Looking at some properties around there and it seems to be the norm to have a cesspool in a few towns (WW, Coventry, NK/SK)Any immediate watchouts or gotchyas / red flags?