Sell the note on the open market and replace the cash from the note sale in his 1031 account (he'll take a hair cut on. the note sale).3.

You'll start to realize that terms, concepts and abbreviations become more natural to understand the more you learn. 2.

I had mold inspector take samples (I think I made decision too early) as I feel they will come positive as mold is everywhere in nature.

This is a very important distinction that a lot of investors miss - treating sellers of this nature, like dollars and cents investors, is a mistake and likely a big turn off to the seller.

Sounds like you are a natural negotiator.They might be most apprehensive about giving you title on all these properties for low to no money down.

However, what I have found with folks who buy STRs as investments are generally pretty active in their investments by nature.   

Now I want to add something to the conversation of a more proactive nature. 

They will keep pests down, are good natural weed control, and friendly neighbors.As long as your tenants are responsible, and it sounds as if they are, encouraging them to keep bees will only improve both of your situations.

The total rent from everything is roughly $45K per month at the moment (4K per apartment, 10K from a restaurant and 5K each from a nail spa and a hair saloon) and I believe there is a small upside in rent after pandemic.

Just for arguments sake, it's the very nature of our system that breeds incomitance.