I think just trying to do a more traditional 1031 will be the way to go, if it works great, if not oh well.

You have to keep in mind that if your going to be holding the property then obviously whatever you can rent it for will dictate how much you can afford to pay her monthly out of that rent just as if it was a traditional mortgage.Cheers,Hopefully this will give you some creative ideas to try.  

My only concern would be that I'm not quite sure you're going to get the appreciation (i.e. the equity capture you mentioned above) in townhomes.Historically, they just don't seem to appreciate anywhere near as much as traditional SFH's.

They usually work on shares, and ot's traditional in my area, the logger gets half of the sales price.Most of the loggers are also qualified to timber cruise and can usually give you a pretty good guess at what your logs will bring at the mill.It's also possible to sell the trees as they stand to the mill, and they will send their own logger out to cut them.

In these instances you may want to drive offline traffic online via more traditional methods.

Cant the really bad drywall be repieced together, and / or tetured HEAVILY with a drywall mud hopper?

I've seen "mud room".

You can cut down on the amount of water you use with pex, but this is if you use a home run system as opposed to a traditional.

In comparison, traditional electric coils are almost 100% efficient at producing heat, even if more expensive to operate.

As far as I know most banks will cover it but some might not and if you're not getting a traditional mortgage you'll have to just ask your lender.