Reverse exchanges may be possible for experienced well capitalized investors but for most, I would say it’s not really a practical option.Mike’s suggestions of being prepared and proactive is a good one.I encourage 1031 investors to start looking ASAP - get to know the market - identify potential buys - and start making offers - before one has sold their existing property.The issue becomes will a seller especially in a strong market accept your offer “contingent upon the sale of your property”?

If you have anything registered to the address that may trigger an issue with the state or city. 

Then you let the tenants know how to handle emergencies and issues, if they call you or who to call.

My HOA has said they're not responsible, but I have been told that the issue won't be solved unless all the units (less than 10 total), are sealed. 

If you start thinking of the next before you perfect the last, you will leave properties incomplete and give yourself maintenance issues later.

Can I revive this thread as my questions are so closely related to the OP. 

and high-quality visuals or short videos explaining your process.Target your audience by focusing on specific zip codes, homeowners aged 30-65, and interests related to real estate and home improvement.

One of the main issue my guys dealt with and I suspect that has not changed but it was theft and vandalism..

Now a landlord (and architect), I wouldn't build out the space without the second stair since it really is a safety issue/liability (especially in case of a fire) if anything were to happen.Full excerpt of building code below:According to the Chicago building code on egress requirements, the third story above grade plane within a dwelling unit [which in this case is the duplex-up unit], all the following conditions must be met:1.) the building is equipped throughout with an automatic sprinkler system2.) the floor area of the story does not exceed 1600 sq ft3.) the dwelling unit has an exit that discharges directly to the exterior at the level of exit discharge.Your third story attic space is unlikely to exceed 1600 sq ft, but you'll probably find the sprinkler system to be cost-prohibitive.

This is something related to HOA/insurance.