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I'm local in Vegas and run a group here in town...if you want to connect over coffee sometime to discuss investing, just let me know and we can schedule time (text number below). 

If the current rent is below market rates then that helps you.Hope this helps.

$50k minimum loan is pretty common and don't often see a lender going below that outside of a local bank. 

Speaking for myself, I could do way better just taking the cash, paying the tax and buying great deals over time, than having to jump through the 1031 hoops, figure out the difference of paying the tax vs cost to defer, you may be surprised how much the 1031 will cost if you are buying several properties. also dont know how Cali works, but the tax rate may be lower depending how long you have owned/lived in the condo, and how you file taxes for it.  

I ran the numbers at 275k and the link is below.

If below market, that’s some extra tailwind that can help you as tenants either vacate or leases renew.

-I have access to a below market variable rate (currently at floor of 2.75%; cap is 10%) loan that only requires 10% down through my employer for a purchase of a new residence.I'm trying to plan out the best financial moves going forward. 

(Rule of thumb suggests that falling below 1% gross return per month makes it increasingly hard to cash flow positively on average, when borrowing to the max).A similar question: Are you getting a bargain* (compared to sold comps)?

.**)There are 4 property tax classes in NYC as below:Class 1: one (1)  to three (3) residential unit propertiesClass 2: Three (3) or more residential unit property including cooperatives and condominiumsClass 3: Utility Company Equipment and Special Franchise propertyClass 4: All other real propertyTable below is the tax rates for each class for 2017 fiscal year.I believe that this rate is changed every year, and I confirmed that the tax rate for class 1 for 2018 is 20.3850%.