In this context, "like-kind" means similar in nature, not necessarily identical in type.Using a Qualified Intermediary:To facilitate the 1031 exchange, the investor cannot directly touch the sale proceeds.

If they were paid an Hourly, Daily, weekly wage or did they bid the job and get paid on completion- did the sub supply their tools and equipment- who supplied the materials- do they have insurance for their workThese are some examples of tests that CA might use.  

This isn't a wall socket or garbage disposal you're installing, a TV is a very personal piece of equipment and the tenant's property, not yours.I would prefer they hire a TV guy to hang their flat panel or at least demonstrate enough DIY knowledge and experience to do it themselves.

Now it's mom and pop LL's when they are in crisis mode due to Tenants, leaks, equipment failures, etc.; and the costs of those lessons are far greater.To be clear, no PM is "on standby" 95% of the time for your unit(s).

For a 1/10 of what it now costs in America, you can 'own' a superior property 15-20 mins way , with identical amenities, AND can reliably return 10-20%+ annually. 

I'll have an unpopular opinion here, but we have two almost identical units in a condominium where one has mounted TVs in both bedrooms and in the living room and the other only has a TV mounted in the living room. 

Your story is very similar to my own, but I sell biotech consumables and equipment instead.I'm obsessed with real estate investing and want it to support my family too, but until I get there I'm not going to quit my W2 job.

First, what is the depreciation for, the building or equipment ?

I would strongly recommend using a servicer as you are likely not familiar with a CFPB regulations, and you need to keep extremely tight books for servicing your own loan, which most us investors are not well equipped to do.

I'm not trying to be rude but I thought if I had that information I would be better "equipped" for when I start calling the owners themselves and seeing if there are open/willing to sell their property.I'm open to any/all suggestions.