Correct me if I am wrong.

@joaquin Rosario,I've tried using the calculator that is on BP and Im not sure If I am using it correctly.

You are correct, my objective is to buy and hold.

Hudson, Auction.com, Xome, HudHomeStore.com, RealtyBid, Hubzu, etc.But there are always bigger players like us that get access to them before they are listed anywhere, so you're picking through leftovers via any of these methods.For the most part, "listed REOs" is a dead market being bid up by every newbie so there aren't many deals to be found there. 

Your statements about 90 days, double appraisal if the selling price is double or more than purchase price and 180 from the day of closing are correct.

Your information is very helpful.The broker should have a copy of the P&L statement, correct?

You may be able to take advantage of the parent-child exclusion here if done correctly for some parts of the property depending on the players. 

You can mix and match and combine each exchange as long as the reinvestment amounts and timelines are correct.  

Engineering quotes were outrageous for creating the plan and if I understand correctly I don't think they are rocket science.The founder of Spanx was able to figure out a way to write her own patents, so I'm hoping I can figure out how to create my own storm water management plan for putting down a basic gravel pad.Thanks everyone!

John Sanderson , you are correct about what “notarizing a document” is for, which is why I suggested that to the OP after the very first commenter here pointed out that documents can be falsified.Someone else suggested having the prospective tenant go to the county’s tax website to verify the property owner’s identity.