Surely the loan can be moved to another product that will accept this condition. 

Your friend has shared a link to a Home Depot product they think you would be interested in seeing.https://www.homedepot.com/p/Commercial-Electric-Rectangle-11-Watt-Equivalent-Integrated-LED-White-Emergency-Light-with-Ni-Cad-6-0-Volt-Battery-EMLEDRECT120277/306606874

I was humbled by the level of production and investment experience of my fellow group members.

I am currently reading about the BRRRR strategy from David Greene's book.

As @Jonathan Greene pointed out, it is much easier to evict for upgrading units to re-rent at a higher rate.Like most landlords, I have a one year Lease agreement.

Less chance of ruining it than almost any other product - like carpet, wood floors, Etc....

Properties that qualify for 1031 exchanges are properties you purchase with the intent of holding for productive use. 

@David Kilgore@Ari Newman is absolutely correct in his explanation of the 65% ARV loan product.

There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI really like the alerts feature that can quickly guide you to current topics that might interest you: http://www.biggerpockets.com/alerts

@Jonathan Greene - very good point, create that relationship, then go from there.