The ideas in this post will make you money in the future if you take the time to understand and appreciate the fundamentals.Here are the facts related to most eviction situations:1) The cash flow has stopped.2) The cash flow may not restart for 30 to 60 days - it mostly depends upon your actions.3) No matter how well you screen new tenants; there will remain elements of the unknown.4) Knowing the laws of your state and jurisdiction is critical and seeking legal advice from an attorney is wise.Many times, it makes better business sense to put forth all efforts to resolve the current delinquent situation.

Can you please give me some advice and criticize my analysis below?

The critical issue is your intent to hold for investment purposes in order to qualify for 1031 Exchange treatment. 

The items themselves might not be illegal, but the person that uses them will be committing fraud.But be a critical thinker for a second, if you can't fake your own paystub chances are you can't fake your own own bank account.

It is critically important to have (1) a business plan that says that; (2) some source of other income to support yourself; and (3) the dedication to stick to your plan.  

Systems Built: vetting and selecting contractors (goes without saying how important this is), writing joint venture agreements (which helped immensely in this project), building contract document packets (for holding contractors accountable), processing hard-money lending (must understand the nature of this form of lending), creating initial material management processes (this is one expense you have total control over), selecting builder's risk insurance policies (must haves and what to know about coverages), managing the finances of a project (this is critical to control and tough to implement), and more.Placed this property under contract in late Dec 2016, closed near the end of Jan 2017, allowed the previous owner to holdover with rent back for a about two weeks, and began demo a few days into Feb. 

I'm in no way an expert and have a tendency to be very critical, but here's what stands out to me in the pictures:1.

If only I had done more USA investing when the pound was two to one (I mention this because currency and tax have started to become as critical to my decisions as other factors).if you want exposure to Europe it's probably easier via equities or currencies unless you are keen to learn all the intricacies of the local markets.

This documentation will be critical for tax purposes.Consulting a Tax Professional: Tax laws can be complex, and there may be nuances to your specific situation that could impact the best course of action.

This decreases the number of renters, leading to a decrease in rent.The critical driver for rising prices and rents is population growth.