So, I had to rip out the large tub with a sawzall, get rid of it, put up bead board around the wall where the tub was, all the night before listing.

The first refi will clean up my credit report and raise my fico score enough qualify for the best rates on a rate and term after.

A potential tenant applied to stay in my boarding house.

I do not believe I qualify for Section 121 as I have not had any life changes that would fall under this category - they all seem like they are beyond one's control.

The one I bought is %100 move in ready, and it is meeting the 2%, plus I already have a qualified tenant set up, so I thought it would be a good home to jump in on, and get my feet wet.

I highly recommend routing the 1031 land purchase through a qualified intermediary.

Rather than respond you decided to "put things in perspective" presumably to prove why I am not qualified to raise or discuss the issue.Whatever research tools you are using today, let's hope that you aren't the source of data for your new endeavor.Just to point out a few glaring errors in your response... 

They want to ensure you have serious skin in the game, which will help them sleep comfortably, knowing you most likely wont walk away.Maybe to get started, you might consider becoming a wholesaler.  

Hi Stephen-Scenario I find two properties that show promise find an instituation willing to let me borrow for both properties, so the only skin I have in the game would be the percenatage down for both investments and use the banks money for everything else?

Personally, I'd take the December 9 move-in with a qualified tenant.