The sequence of steps is i believe very critical. 

The critical component is that the percentage of the new property that you rent out must have a purchase price that is equal to or greater than the percentage of the sale price of your old property that was also held for rental or investment purposes.

Your numbers are missing the critical CapEx calculations to set up impound amounts each month for the major systems at the property.

I hope this makes sense.I hope that wasn't too much information but as long as you understand the concept of the appraisal and know how to measure comparable value that is the critical part to real estate evaluations.  

My name is Matt I'm a complete newbie, I decided to learn how to tackle property analysis first and foremost, I feel like that is something that is critical to know.

Finally, I have been criticized for focusing on leaving an inheritance, even criticized for my parenting.

Matthews IV, The critical requirement to qualify for 1031 Exchange treatment is to have the intent to acquire and hold property for rental, investment or business use.

But there is another critical point which I haven't seen mentioned.  

If the buyer is doing their own rehab scope and working with the turn key company the INspections become far less critical.. and at the end of the day the buyer many times gets a better deal and home they know exactly what has been done to..

When you go out of state, not only will you learn these critical skills, or those lessons will be very slow and likely very expensive, but you also give up the very control that makes RE an attractive asset class.