It seems that some buyers might like having a condo with open spaces that are limited common areas they can call their own.

Even had to check a special box on the return indicating that it was a "related party" 1031, and I thought that of itself might attract a little additional scrutiny, but now that we are past the 6 year statue of limitations, that's no longer really an issue either. 

I am talking about spendable cash and limiting exposure to tenants and cap ex. 

Already have 2 house under the belt, so debt to income is already over 50%, how would I go about refinancing this home if I'm already reach my limit in debt to income ratio?

I want to have a PLAN and know what I'm going to do so that I can have a comfortable lifestyle as soon as possible.

But there are some limitations on over deduction of expenses too. 

Most say they do but later realize they don’t or have done limited 203ks in past 5 years.

It seems foolish to do something like this but where else can I get cash Flow; I understand appreciation is probably good no to be limited to none.

You want to make it very easy for the tenants to renew early (limits their leverage) and inconvenient to leave.  

We both work full time jobs that more than pay for our lifestyles, so that is totally doable.