As you know, it is very common for exchangers to complete their 1031 within the 45 day window. 

Just drove by the property today and one unit has a broken window and a mattress stored out back.

See it at  611 Goodwin Rd, Austell, GA 30106.To offset that I factored in 5000.00 in Miscellaneous for unforeseen expenses.As for the kitchen the properties is going to need an all new kitchen, cabinets, appliances etc.Planned on doing what I could myself, but for the most part wanted to use Contractors. 

-Construction of new 1,000SF home - 2 bed 2 bath I will be the GC (will receive license for FHA loan), and my friends, father and I will be performing all of the framing, windows, flashing, most MEP, insulation, dry walling, painting, finishing.

Cracked walls, rotten windows.

@Kevin Hoff If you do replace, spend the extra $200 or so and get one with windows.

Painted exterior and interior, new flooring, new kitchen countertops, stainless steel appliances, new bathtub and surround, new light fixtures, and repairs as needed.What was the outcome?

New flooring, lighting, kitchen and bathrooms.

These are double paneled windows.

I mean absolutely no disrespect, but IMO if this were me, I would find a house that needs easy stuff - floors, paint, some light landscaping maybe a light kitchen and bath redo - no structural changes, no gut rehab, not septic etc etc.