I can see your misfortune on that first property as the foundation for your ability to execute quickly and efficiently on your subsequent projects once you realized the value in doing so. 

A quick conversation with whichever municipal employee makes that call should give you some good insight as to whether it's worth pursuing.

The timelines allow for enough research but when little things come up you have to act quickly to over come them due to the time lines of a 1031.Inventory is going to be hit or miss... you might spend a lot of effort to come up with a plan but you don't control inventory so have backups.

Of course she did not want that on her record and she was able to convince him to move out quickly and not trash the place.

What are your goals and how quickly do you want to reach them.

Most answers you’re likely to receive will need a big ol’ “it depends” qualifier.The best, fastest, and most accurate response will come from a quick phone call to several local banks in your area!

Matt, thanks for your quick response.

Tankless water heaters run only on-demand and require a tremendous amount of power to heat water quickly.

Yes you will have to set up a contract, usually that is something to approach if the property wouldn't be sold otherwise most flippers want to get in and out of a property as quickly and with as little hassle as possible.

and a quick 5-10% correction wouldn't be out of the question.