The 1031 exchange is a a very powerful tool that can be used in a diverse number of ways to leverage your real estate investing career.  

I came across this Ted Talk by Rory Sutherland that explains how advertising creates perceived value as opposed to actual value for a product.http://www.ted.com/talks/rory_sutherland_life_less...Understanding the power of perceived value is crucial for parties on both sides of an advertised deal.

It will mess with you naturally, you might think someone is going behind your back closing deals et...And last you guys need split EVERYTHING 100% and make sure your partner understand finances and what it take sto keep business flowing, if hes bad with money and you are, you will end up fronting every time mailing need to done etc..And it will hurt your relationship...Both you and your partner need to know, it cost to keep phone lines on, buying your mailing list cost, sending mail will cost, you might hire a couple VAs to do small things.. that will cost,  cleaning your list up making sure your addresses are correct will cost, going to see clients will cost you..Theres alot to having a partner so think of these things when you get into business with someone...Iron all of these out from jump..And of course things happen maybe a family emegengy and your partner cant afford to put as much everytime...Just make sure you work all of it out...

Just make sure to properly clean and seal it (the existing floor) so that the adhesive will properly stick to both floor and vinyl planks.  

Under most office leases, you are going to be charged extra for all the operating expenses of the building, from taxes and insurance to security to cleaning the restrooms.If you need any work done in your office, you have to go through the building management and use their contractors.

I also think you are elephant hunting with a .22, not a BB gun, but still under powered for the size of the project to start off with if you don't have RE experience, and that too can make investors gun shy.

Does that mean they'll be on the hook for the bill or it's attached to the home anyways so if that bill goes unpaid, the home is at risk of losing power if not paid?

You can find a Greater Boston Real Estate Board TAW agreement free online and print a few copies. 2 - Personally, I would say if you have good tenants (clean apartments, long-term tenancy, good payment history, etc...)it might be best to leave them as TAWs but just have them sign a written agreement. 3 - I'm not  a fan of long term leases for apartments.

Just a second thought and what I always say up here is it's our market and if we don't clean up after ourselves - we get to live in it. 

If you chose not to wholesale it but keep it can you pay for it to be boarded up and made safe including keeping the landscaping and surrounding areas clean and likewise safe?