Few options to consider:1) contact FREC to report violations of their duties as licensed real estate brokerage.

I am looking at a mixed use property and I am not too familiar with the loan options available. 

Thank you Steven, I have a great contractor in Ohio, very good so far but yes I see it as very risky so weighing my options....

Alternatively, if something were to arise in our life (emergency or otherwise) while this money was tied up in an investment, we're left with few good options. 2) Time is not something I have much of.

The great thing about doing a 1031 exchange is that you have infinite exchange options.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

If you're content with holding just this property for now then the cash flow + lower rate option may be best.Hopefully you find helpful!

As for SW markets, ABQ is the "affordable" option as SoCal, AZ, and CO have become over valued making it difficult to find decent deals. 

I can have my management company pick it up, but they’ll charge about $90/hour plus add 10% to the purchase price.We live several states away, so doing it ourselves is not an option.

I got qualified for about $650,000 so I am trying to evaluate all my options.