Nice website,My fav part is the " The good news is that your credit card rewards and other benefits often offset the fee.Hahaha that is good I didn't even think about that.Oh looks like "Appendix A" under  3.3 Restricted Activities has some terms you may need to check out.

All parties have to be notified of the 1031. 

That being said, the more important part is the LENDER not the LETTER.

Vacant land in large part is seen as mysterious, especially when valuing land so it makes sense for development. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

@Jacob JohnsonI get basically 'every' sale statewide, with the contact info of parties involved...

If you want it done right...engage an attorney and a tax CPA that will have the deep conversation with you, including the intent and the goals of each party. 

Best part is... it's basically all free!

Only problem is that may entice them to invite friends and family for laundry parties.

We see these often in foreclosure where we ask the court in a declaratory judgment action to hold that the leases aren't valid and to strike the agreement between the parties because it's not good faith and fair dealing.There's likely precedent to that effect in your state, but it's so much harder to cure a bad lease than to not buy the property with a bad lease on it.