This is important to determine the health of the business versus a percentage of the rent they pay you.As an example a business doing 1,000,000 in sales you generally do not want to see more than 10% going to rent or 100,000.4.

I'm a loan officer with a local mortgage company so if you ever have any financing questions or concerns please reach out, I would love to help you out.

I do not concern myself with the standards and always make my tenant selections based on my own criteria.

Now, a large reason for my career change is hoping for better income, but I haven't seen much discussion on here about needing the income to qualify for both mortgages-- is that a real concern?

As long as you are ok with the cashflow and it fits in your criteria then the fluctuations in price shouldn't be your main concern.

If you would suggest changes/improvements especially where the words "House Gone" are concerned, I would appreciate it!

I'd like to roll the money from that deal into my own apartment deal using a 1031 exchange however I have some concerns and wanted some feedback. 

What is your primary concern?

I'm sure they're acutely aware of this and I'm personally not concerned about this scenario playing out. 

I’d be concerned if it takes 2-3 tries to get your PM to reply.