The other items are SIGNIFICANTLY more important.  

They have a free version that includes some of those items. 

When you bought the property in the 1031 your basis in the old property was carried forward into the new property and it would have been allocated between land (not depreciable) and building (depreciable) by your accountant. 

@Dave FosterThanks Dave, that is making sense.For my own knowledge, what if your looking at buying 2 independent buildings under one purchase/seller/closing, that can qualify as one line item on your identification page or you need to identify them separately? 

You can start to get into hyper technical strategies which are more what I'd call an owner carrying back a lease option or taking a deal down; subject to these types of strategies the risk element goes up especially on sub 2 deals.

Secondly, in this type of market, it's best to get the owner to carry.

I don’t believe you need to allocate more for a STR compared to a LTR, but should consider the life of the property and what expensive items might need to be replaced/age of these items such as the furnace, A/C, roof, water heater etc.

Everything from food, to clothing, to transportation, every item of spending I can live without, I'd live without it. 

If this is for a multi-family property I would tell them they can't have personal items in the common area. 

Bouncers don't carry their stuff out, the sheriff's department does.