Following cashflow trends in emerging markets can allow you to meet your goals much quicker, even if that means getting a bit out of your comfort zone.

And trying to set up my SOP (standard operation procedure) for me.

@Dave Foster and @Bill Exeter I've researched endlessly on this topic, including reviewing IRS procedures and rulings, and speaking with 1031 intermediaries, and can never seem to come to a clear picture of how to handle my situation until I came across this page.

In my opinion, you should only accept Section 8 rentals if you are doing it at scale in the same area and understand the tenancies and the procedures.

5321.16 Procedures for security deposits.

Supervise them to ensure they stay good, and have policies and procedures in place to nip problems in the bud before they grow into something bigger.If you travel a lot, or don't have a lot of knowledge/experience/time, then you should hire a property manager.

I gave it to them so that I would know how to contact them and to get emergency contact information.

Again closets have nothing to do with the legality of a bedroom.If your emergency egress window is below grade you will need a window well of at least 9 sqft and it must protrude at least 3' in out from the basement wall and allow the window to fully open. 

I opened a new host account to handle guest interactions myself, hired a local handyman for emergencies, and found a cleaning person who could also act as my eyes and ears for any required handyman services.

Does this type of procedure qualify for the capital gains exemption?