Based on IRS Private Letter Rulings (PLR 200805012 and PLR 200901020), development rights can qualify as like-kind property for a 1031 exchange if they are considered interests in real estate under state law.

@Cherie Carr deal machine has an app for that it subscription based.

As a result the property, based on capitalization rates, can now be sold for $450,000.  

Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.

It's the conclusion you came to before you wrote the post I know but bringing up the challenges might make you realize that you might have to offer a heck of a good deal to attract a potential partner.

Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

Here’s what the list said: Stay at Corporate Job: Consistent paycheckHealthcare$100,000 base payLess pressureQuit Job, Real Estate Full Time: FulfillmentUnlimited earning potentialMake my own scheduleBe my own bossWork from anywhereFocus on building family empireWhen I stepped back and looked at what I was leaving behind, it was crystal clear, I needed to leave my comfort zone.

You can't decide which one to choose based on the minimal information you provided.