How long will the property be functional without significant improvements?

When it comes to Layouts function is important.

Are you investing for cash flow, appreciation, or a combination of the two?

1) i don't know of a state where performing a real estate function for another is legal without a license...so i would love to know which states permit that2) if you dont have a lease agreement, then you could be considered a squatter and even if that does not apply...you most likely have no recourse3) improvements are explained in a lease agreement and most of the time require owner approval and no reimbursements - improve at your own riskgood post with many lessons to be learned/

Unfortunately my tablet doesnt have that function and the wife has the laptop with her.

Commercial brokers are generally well connected and will be able to connect a buyer to a good deal easily.Most of the time, the ones you see on LoopNet are the problem children: bad neighbourhood; functionally obsolete, etc.  

If you try to fit a new door slab in there and don't get it right it may not function well, or you could have to buy another one.

I have yet to find a source that allows for a higher combined LTV with the seller carrying a 2nd where the rate/terms actually make sense to take that on.

I didn't realize you had to combine a 504 loan with a standard loan. 

You could structure each sale as a separate 1031 Exchange or you could structure them as one combined 1031 Exchange depending on the timing between the sale transactions.