So, the standard answer is no.However, the IRS did issue two Private Letter Rulings in 2002 and 2003 that essentially did allow the taxpayer to 1031 Exchange into property they already owned.

I was wondering if I could get some feedback from the BiggerPockets community about what schooling would be essential for an individual looking to get into REI full time?

It would be nice to get a legitimate competitor into the field because Realtors essentially have a legalized monopoly. 

I really appreciate the valuable advice and yes, I find the Podcast so valuable and even essential for me.

If it dried without deforming, it will be fine.HOWEVER...If you have to patch anyway, and especially if you are paying someone to patch anyway, it will cost essentially nothing to remove and replace it.  

So, you might be left with $67K for purchase plus rehab, not $80K as in your example.  3) Rehab is an essential component.  

There are usually laws regarding minimum standards for plumbing, air flow, and heating, fire safety standards, etc that are affected by the number of unrelated people renting part of the same dwelling.

By adding two ADUs I'm essentially getting four-plex returns for the mortgage payment of a duplex.

2) Since the tenant signed an agreement that voided the contract, is there an easier way to get them out since essentially the contract is void at the end of the month?  

I'm a little apprehensive since I've never done a construction loan or worked with contractors to essentially rebuild a house.