It's possible that you don't qualify for a residential loan on an investment property, but I would want a verifiable answer from a trusted source before making any decision.  

Then provide them resources for unemployment or other hiring companies like the super markets.I know a few of my tenants will milk the situation as long as possible, but others are still getting pay checks, and a few that have trust payments and other various fixed incomes, that I am counting on actually paying.Any insights or ideas are welcomed!

Trust me...

My one older brother even took a tour last week as he can't resist the cheap airline tickets....So yes, dont trust US media....Looking at what they went thru gives me confidence that we will come out of the other end soon too, provided we apply the same self discipline that they exercised....

It sounds like you found an affordable property that already has one great tenant in place...trust yourself.  

Your work definitely can’t exceed $30k Trust me, you want to leave it to the pros.

But Susan is right, find a good contractor that you trust and have him go through it really well.

@Dave Nye the alternative to your 1031 is a Deferred Sales Trust, not be confused with a Delaware Statutory Trust.  

I completely trust their team because it comprises the best professionals in the business!

People need to know they can trust you with their money.