Great question @Terri Dyer, the answer is it depends :)Property that qualifies for 1031 treatment is property you purchased with the intent to hold for productive use as investment. 

Expect broken cabinet doors/hinges, holes in walls, broken window treatments, stained carpets, and walls that need complete repaint.  

Don't get rid of the fireplace just visually get rid of the rock.

What you think of when you visualize a mobile home park may make it unappealing, may turn you off and prevent you from benefiting from the park's potential as a great investment.From an investor's standpoint, we have found that there are many reasons to LOVE mobile home parks.

@Pandu Chimata,I need a little more information about your use of the property before commenting on your tax treatment.  

In general, capital gains invested in the zones through a qualified entity get deferred tax treatment with some reduction depending on length of investment (not zero). 

Any ideas for mold treatment? 

Any ideas for mold treatment?

Assisted living is very expensive, and many people stay at home where they can have home health nurses come by to administer any medically needed treatments, making it more affordable.

The whining is that flipping doesn't get the highly preferential treatment that actual real estate investing gets.