I would like to use home version 1 from your live preview as a starting point for the layout and then replace the content / images. Is there a way I can do this? When I installed the theme, the page was pretty much blank.
Can you please confirm if you are asking for the Real Spaces WP theme or HTML? If for WP then you can import demo content xml file in your website to get all the data as you see on demo site. Demo installation process is described in the theme documentation.