Plumbing was installed in violation of code requirements in effect at the time of installation....Violation 5: PermitsNarrative: Please obtain the following building permits.1.

Also, appraisals are valuations at a point in time, and commercial markets can change rapidly.  

. - in this case, I will have more time to shop around for better loan terms/rates etc. 

Additional forms of ID, etc.In my experience, going after lost rent and repair expenses is normally a waste of time.

And what are the requirements for those funds during that transition (i.e. do the funds have to be in a separate, isolated account - or escrow - similar to 1031 Exchange) when/if there is a time between the Sale of the first and Purchase of the replacement?

Cleaning fees are a pass through from the guest, so you would be receiving the payment from the guest within a short time after check-in and then you can directly pay the cleaner with the cleaning fee you received.

I'm just having trouble making the contracts and would like someone to walk me through my first deal, if you have knowledge and spare time.

The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

If you're a first time home buyer ideally you'd want to take advantage of some of the FTHB community bank mortgages.   

I am a full time passive investor in real estate syndications.