Pardon my humor :D The most favorable neighborhoods to invest in SD in southern SD & Southbay would include Linda Vista / Clairemont, Specifically sherman heights w/i the logan heights triangle, and Chula Vista (mainly 91910 and 91911). 

David, Pull the deed, the deed will specify the restrictions; if the restrictions are on the recorded deed, there is no way around it. 

However, the HOA has restricted rentals in the complex; no owner who bought after 2010 can rent out their unit but instead must occupy it themselves.  

If you are looking for tax and accounting assistance, a CPA or EA is your address, but don't restrict yourself to your local geography.

My manager told me yesterday that Delaware was added to the list of states that have a travel restriction.

Prices could be higher, but= No city restrictions on vehicles, which would increase your market.

* I do understand that some lenders have due on sale clauses or restrictions on renting "2nd homes". 

Would it restrict my ability to refi the property in 6-12 months when I have empty units to rehab and increase appreciation of the property?

Hi Marek,It's possible (with PEKAO and ALIOR), but there are some serious restrictions to it - at least as long as you don't earn Zloty as a income locally.

In addition to that there's no reason why the 1031 should have delayed the closing at all (title restrictions aside).