If you purchased that property with the primary intent to resell then a 1031 exchange is not appropriate. 1031 property is property you purchased with intent to hold for productive use.

Consumer Product Safety Commission (CPSC), Kidde announced a recall to replace certain Kidde fire extinguishers.

That is fine if you are flipping because that is the proper treatment there, but it is a major problem is you eventually also have rentals that you occasionally sell (you also cannot 1031 inventory, so dealer status is also problematic there). 

Drywall cracks, space between trim and floor(both possible foundation issue indicators), proper attic venting(check temp in attic)

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

This way the inspector can test everything out properly .so youd have to have it under contract with a contingency figured in for home inspection to do this before youd actually own it .

there is nothing wrong with Blue Collar demographic.With your description above it is impossible to give proper feedback.How many people live in the town?

. @ Chris Happer you are absolutely right a Flood Cert (properly named (ELEVATION CERTIFICATE) can help with the rating for the NFIP (government) policy.

Determining the many ways to take advantage and properly expense everything can make your head spin.I bought a house with the intention of flipping in September 2017. 

Some improvements to the property are:Exterior steps and walkwaysWasher dryer added in all unitsNew stainless steel appliances: dishwasher, microwavehood, fridge, stove  (all the old tenants owned their own)Flooring for the garden unit, refinished the other unitsGranite counter topsPatch drywall and fresh paint on walls and trimUnexpected items list to name a few:Foundation cracks - fixed nowBathroom vents not actually venting - fixed nowRoof leak patch - heavy rains following closing made it apparentAttic plumbing came apart in the walls - previous contractor may not have properly glued?