I'm not a 1031 exchange expert but have bought and sold 6 properties this way in the past 2 years (1031 exchanges)Would be glad to help how I can - can also give you some tips on what I've learned may be beneficial for estate planning as far as navigating Assisted Living/Medicaid HCBS etc - (Tip - unless you want your mother to go private pay in assisted living and drain all your money you may want to start getting assets out of her name now - guess it depends on where she'd want to live and how much you want to spend) -- Anyways we've been trying to become experts at our facility on HCBS and the different waiver programs (specifically Physically Disabled - which your brother may fall under at some point and Frail Elderly which your mother can fall under at some point)

As I am sure you know they need to be local to you as the co. office has to have a physical location where you are both working from.

Did they physically measure the property when they came?

And how would this be possible if it's out of state and you can't physically see and be there?

My current real estate goals include connecting with local investors, providing value to others in any way I can, while continuing to learn my local market and more about real estate investing in general.If I’m not currently out physically looking at real estate Monday – Wednesday in or around Columbus; then I’m searching for it online, or reading about it.

And how this house is really dirty to damage her physical health.

Plus I like the tangibility of something physical..I'm interested in learning how to structure deals (optimal legal entities, tax implications, risk mitigation), financing options, and have some familiarity with this on a high level (albeit in a corporate and and global context).

Any profit split varies depending if your relative just gives you money or also helps you physically. 

Here is what worries me- 220K- that's just the physical labor.

I would physically visit the property that you may be interested in.