You should of course require a new application with full contact, employment, references, and vehicle information to be completed, and vetted, before you offer any new terms and agreement.

If you were making a shorter term investment (like a flip, versus a rental purchase), you might want to look at a different investment vehicle like a heloc loan where you might pay a higher rate on your borrowed money, but not give up your better rate on your existing mortgageHope it helps!

However, without knowing the quality of the rehab, it's difficult to pinpoint a precise rental rate.

My search criteria include: -Only paid park options around it, or with limited to zero free parking options-Located on or very close to a strip of shopping stores, bars, clubs, or restaurants-Be located on a road with a high vehicle count per day-Low crime neighborhood-Doesn't have to be vacant land, but should be zoned appropriately for parking lot useCurrently I'm thinking my first step should be hooking up with local agents that can help me find leads in the cities I'm looking.

I think I would channel some @Scott Trench set for life and look for an older reliable vehicle and sell what you have especially if you could break even or make money on it in the current market conditions.

Precisely because, as Basit said, not many accountants have experience with 1031 calculations and forms.A correctly prepared tax return with a 1031 exchange should cost $500-$1,000 more than the same tax return without a 1031.

I'm also purchasing a pick-up, which I'm hoping to tax advantage of Section 179 (vehicle over 6k pounds).If anyone is willing to have a quick discussion, I would very much appreciate it. 

Your broker will put you in the right loan vehicle when the property is ready. 

A way that this can be done is using a vehicle called a Delaware Statutory Trust.

We didn’t see any additional vehicles out front.