I survey the damage to the back side and don't see anything too bad, just some cosmetic stuff.  

I know they have high fees + golf membership.

They want utility information, surveys, zoning information, and flood zone information. 

I'd be cautious about excluding pets if you're concerned about vacancy.C) While much better tenants (very little wear and tear on your property, good for rent, pass background checks), there is a need for many STR amenities (security conscious with parking spaces and the home, have nice bed/sheets/cooking supplies/coffee maker, high speed internet a plus - having great TV wasn't a deal breaker for those we surveyed)D) Mixed input on the proximity. 

This doesn't include anything their lender requires like survey, title insurance, appraisal fee, escrow account for insur/taxes, etc.

My thesis advisor instructed me to strengthen my results with some data validation.The link is to a 1-minute survey about lead conversion for online lenders.

This membership is pretty pricey compared to others though.

A 1031 exchange requires that you purchase real real estate, and when you buy into a syndication what you are buying is buying is a membership interest in a company that owns real estate, so not actual real estate.If the syndication can sell you a portion of the actual real estate as a tenant in common that would work with a 1031.

It can't just be included on a sale of the membership interests in the business entity.And depending on the ownership structure of the business it may not work to build on land you already own.    

@Jacob Pereira I think you are right, the mortgage is the membership!