My stepmother, rented the commercial space from the past landlord to open a coffee shop.

And once you complete your 1031 exchange you could then do a cash out refi on one of the properties to access the cash you need, and fully take advantage of all the benefits of the 1031 exchange.You just want to be mindful of the time frame requirements in this scenario, but as long as you are proactive it shouldn't be an issue.

A strong profile builds credibility and trust.Know Your Market: You have to be an active investor and know your ****.

I would also suggest giving her a heads-up that there will be an increase at the time of her lease renewal.This will give her ample time to consider her options and make any necessary arrangements.

The 4.5 approx acres next door would be an additional cost (not owned by me at the moment.

I don't know if I agree, but found it to be an interesting thought. 

I was approached often in California to be an rmo and even though the money offered was quite good, I passed, because of the work required and the liability.

Lenders that would do that already went out of business, and/or stopped offering it, in 2022/2023.To get the 11% lender on board, you'd needing to be looking at a property with vastly more significant upside than a standard ho-hum annual 5% rent increase.A 30% vacant mismanaged apartment building would be an example of where the 11% lender would step in, and ACTUALLY make it to the finish line.What you are looking at right now is someone that's going to garner 20 applications with the hopes of finding 1 or 2, with enough upside, to actually fund.

Could be an equity line against this or another property. 

Maybe check out Arizona International Mortgage... they've helped others navigate this before.If you're up for it, we could grab coffee and chat more about your plans.