I was able to do little work, save money compared to renting, build equity in the house, and sell for a good profit that allowed me to 1031-Exchange into a Commercial Property.

Okay that makes sense.

Hi Natasha,During the inspection period, you'll need to verify the property’s condition and make sure it’s a good deal, especially when operating remotely.

Just make sure you’ve lived there for at least 2 of the last 5 years, which it sounds like you have, so you should be in the clear.As for timing, since both deals are happening around the same time, things should move smoothly.

@William Coet, as Jackson noted, there are too many variables to even begin.Two things to remember, any tax losses you utilize to offset incomes, will reduce basis making bigger tax bill in sale year.  

You could try getting a HELOC with your primary and using this money as short term funds to acquire rentals that need a light-medium renovation using 100% purchase/rehab hard money and just using the HELOC to pay points and holding costs.

Or am I going to be paying taxes on the money I’m using as the down payment, since it’s not technically going through a 1031x? 

I did have two called and we paid them off upon receipt of notice from the mortgage servicer/ credit union in one case.And there are many more gotchas bottom line if you have deep pockets this is fine if an investor thinks this is a no money down I dont need any money this is a disaster waiting to happen.

I believe for an additional fee you could retain access to the replays forever but replays for 30 days were included in the $47 cost so I wouldn’t waste my money on forever.

We found private money from our network to close it and find end buyer who flipped it.