Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.

Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

The goal is to expand my network with likeminded individuals in the same market.   

@Sufyan Minhasgoing to depend on the rules in individual buildings

Quote from @Himateja Madala: @John Underwood with 6bed/6 bath I am targeting more multi family travelers who prefer staying together.

Have you tried contacting the main office or different individuals in the company? 

In this situation, can all the partners claim mortgage payment as expense in their individual taxes (or just the partner who owns the mortgage)?

The individuals I've met along the way that are really good at real estate are analytical, level headed, and disciplined.