This has been an unexpected financial hardship for us since this partner is not contributing financially, while the rest of us are trying to cover the partner's portion to complete rehab, etc. 

I attribute this to bad information on the internet and “Gurus” who sell the novice investor on the notion anyone can scale to a  large portfolio quickly.

The wholesaler and I can create a partnership so the wholesaler will get 4k at closing and the remainder can be used as a contribution into the partnership.

He is bringing in the property plus $25,000 cash ($20,000 to cover closing costs and $5,000 for initial operating expenses), while I'll contribute a $130,000 cash downpayment and handle day-to-day management due to my proximity to the property.

However, it's essential to confirm this with a tax advisor to ensure compliance with IRS rules and regulations.As for using the proceeds personally: Roth IRA contributions can be withdrawn at any time without taxes or penalties since these contributions are made with after-tax dollars.

If your teammates and colleagues are aware of your contribution they should understand that they need to step up upon your exit or make it worth it for you to continue for them. 

Your insights and advice on the financial implications, potential hurdles, and lender considerations associated with this approach would be immensely valuable to me as I navigate this decision-making process.Thank you for sharing your expertise and contributing to this discussion.

Outside work, I enjoy camping and hiking with my family, experiences that keep me grounded and inspired.I look forward to learning from your experiences, contributing to this community, and embracing the opportunities ahead.

The way this is more commonly done is to partner with the seller where they contribute the land to an entity that you manage (and the seller becomes a member). 

@Dave FosterThank you for contributing additional information regarding DSTs and 1031s.