I do recommend a cap and you can also have thermostats with upper and lower limits so one person can't set it to 80,  put those limits in the lease. 

But there’s an Encumbrances that was posted by TD Bank, by my research was either personal loan or business loan default.

Talk with your tax person or a 1031 Intermediary.  1031 must be land to land. 

Besides, they often see it from their personal angle, because they satisfy material participation as sponsors.

I am located in Jax Florida and use my realtor license for personal deals and occasionally help others. 

@Luke Masaschi, while the pathway to easing the ADU conversion process is underway in NY, I believe CA is leading the pack.That said, NY law requires a minimum ceiling height of 7 ft. and requires 2ft to be above street level.

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

But it comes down to if you want to personally get down and dirty to learn the work or if you want to delegate to a third party. 

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Personally, if you have to wait 3 months anyways, it seems like a good idea to take on a project that takes 3 months to maximize returns.