Not knowing the final plan, I'm not sure if 1031 is a good option.

Some rules/procedures may differ from state to state, so it never hurts to have a contact in the different states you plan to be in.

So, my question is then is my new plan doable or is there a better strategy?

Conduct a thorough inspection to assess the true condition of the property.High Vacancy Rates: Excessive vacancies can signal underlying issues such as poor management, undesirable location, or an oversaturated market.

I like to tell people that if you plan to be an investor who is flipping and holding all the time, on your flips just set aside 40% of the profit to be safe. 

I plan to manage the property myself but am looking for professionals to help fill my unit with reliable tenants and take them through the contract phase. 

I currently live in Michigan, but I plan on moving to Florida.

I plan to get one eventually, but fires are just something to prepare for.

I'm planning to build a second house on my property to be used as a long-term rental.

When looking to purchase your first investment property, would you prefer a short term or long term rental plan?