These are commonly referred to as C classOrder a third-party property inspectionMake sure the property has been rehabbed to turnkey quality that will maximize your cash flow (roof and HVAC updated, ceramic tile it kitchen and bath, vinyl plank hardwood in high traffics areas, durable carpet installed in bedrooms, external fences and buildings addressed during the rehab, supply hoses replaced under the sinks, etc) otherwise your cash flow will go to maintenanceBe skeptical of the one-year tenant warranty, that just means the turnkey provider is making a abnormally large profit who uses gimmick marketing to secure investorsVerify rent range through other property managers, Craig's list and ZillowAsk if permits were pulled during the rehabIf a tenant is in place, ask to see the tenant fileRemember, you can fix the house, you can fix the tenant, you can fix the property manager, but you can't fix the area.  

Reality calling.  

But I know the guy at the SEC who is in charge of writing the rules and can say he's smart as hell, understands what needs to be done, is very reasonable, is small-business-friendly and wants to get this as "right" as possible within the constraints of the JOBS Act and the internal political reality of placating hostile interests.

There is a bathroom with a utility sink in the rear corners.

@Giovanni Stein MA is extremely tenant friendly but most importantly watch out for property taxes in NH when analyzing a buy and hold deal, they can sink it very quickly.

I'm in the planning stages right now and trying to map out what i'm going to attempt to execute over the next 12 months to make this a reality. 

I often see this stated over and over that a buyer agent is "free" but in reality is paid from the proceeds of the sale.

Mostly finished except floors, countertops, sinks, faucets and landscaping.

So owner occupied initially is going to be a non-starter.Depending on what product is available you may be able to get a bridge construction loan with an extended rollover to perm which would give you the opportunity to construct and the 1031 and season as a rental before completing what would in reality be a cash out refi and conversion to owner occupied.  

In reality, LLCs do not offer the protection that everyone hopes that the do.