I know you guys are dissatisfied (as am I), but I don't think that it is productive to exaggerate the situation on this forum.  

However, there is an important exception.1031 Deadline Extension For Presidential Declared Disaster AreasIn certain situations, IRS Bulletin 2007-34 provides “affected taxpayers” in Presidentially declared disaster areas with up to a 120 day extension of the 1031 exchange 45- and 180-day deadlines.What is an “Affected Taxpayer”?

I am currently in a house rehabbing and flipping situation not by choice, but by necessity and it has proven to be a very valuable experience.

Call terminated.This morning I received this message:Having to rely on these guys is the riskiest part of our business.I thought sharing this here can make your life less stressful if you receive a similar message.

BUT my offer reflected the condition of the property and the property situation 

I know subject to's are risky but ours only took six months (we had to wait six months because of lending requirements but I have heard of people on BP getting around this) to put the deal into a traditional financing situation and we didn't have any problems with the seller's lender - had a good insurance agent that put insurance on the property without causing redflags with the seller's lender.  

When you have this info set up a meeting with the owner and find out if he is amenable to an owner financed offer and what terms Guessing does not help in a business situation

It seems you need more time and less stress and it's (often but not always) easier to keep on top of one property manager than multiple tenants.

In my dealings with contractors, there are definitely situations where more work may have been required thus more money, the original scope may have changed, or the contractor just thought it was worth more money because "it was harder than expected" or "took longer than expected." 

You do nothing but collect a check and have tax depreciation based on your individual situation.