Another thing to consider is whether you will use designed plans or stock- either way there are soft costs (engineering, permitting, architect etc.).

Issue with health food vending is the stock will spoil quicker than say a standard snack and soda vendor.  

Buy in bulk, stock the extras.

is that a person that owns stock or is it a person that has a bank account?

In the investing slack channel at work I'm the only RE investor where everyone else plays the stock market and this wasn't far off at all. 

We will be opening up the great room (top photo) as well as redoing the fireplace, flooring (basically everything), and reworking the floor plan to give it a more open concept plan.

I think I will post that photo on my refrigerator to help with my diet. 

UNLESS your willing to pay recapture.. you will always have to roll into the next deal via 1031 ( as long as that stays in the tax code and it made it through the last change ).. other wise if you go to exit recapture is going to take a Very big chunk of what ever you made in cash flow plus your non appreciating asset will cost you money to sell there by taking  a loss.Whereas, if you have the 500k tax free buying GREAT performing notes could be a good option stock market other investments that just throw off cash flow.. 500k in great notes will bring you in 40 to 60k a year with NO tenant or management issues and NO recapture to worry about.. so there are more than just rentals to think about.But if your like many I see on BP whose goal is to buy and hold FOREVER and then hand it all down at stepped up basis to Heirs I like that play as well.. but the reality of life given divorce rates and just plain life is that most never actually do that most have to exit at some point and then that recapture is a beotch.. to me its front and center I sold all my rentals in the last 2 years and it cost me over 6 figures to do that in tax's ( recapture) so I made zero on all that cash flow for all those years having to give it all back.. :)  I also though have significant amount of notes and will continue to add those ..

Take a photo and share.

Will post more photos/info as we get progress done over the next month.