Knowing this information, should I sell and take 300k(ish) to a bigger multifamily or apartment via 1031 exchange?

Has the sponsor been there done this?

That will put you in a strong position when you start investing in real estate.Using this time to learn and prepare is a smart move.

This is assuming things go almost perfectly.

You can directly contribute to improving the area, helping residents access safer and better-quality living conditions.Hopefully, this gives you another avenue for real estate investment in a growing market like Charlotte.

There are items required by law and in general those are related to the safety and basic comfort of living. 

@Alex Powers I would probably agree with this.

-STANDARD SALE- 7,000 sqft lot just south of Ventura blvd in prime Sherman Oaks is ideal for development or remodel and add sqft The charming home is within close walking distance to some of the best restaurants this area has to offer.

At which point do I need to find/engage this buyer side person and say I am interested in this property/warehouse/building can you work with me? 

Many people that reach out don't have the 50% down to even achieve this option.