My biggest take away was not over doing it on rentals unless the area calls for it and that hiring a professional can alleviate stress, increase efficiency, and leave you feeling that it was done right. 

To confirm what Casey mentioned above, you can indeed rent out the old unit, turn it into an investment, and we count that rent in the new loan qualification to help alleviate the debt ratios. 

It alleviates concerns over market competition and we can focus more on the similarities and differences of our business models, systems and strategies rather than discussions around specific markets, prices, climates, cultures, etc.We have 3 members so far.

Fear is also a result of ignorance, so education goes a long way towards alleviating that.

However; BIG developers always have projects in the pipleline, and getting ready to bring to market, which helps alleviate some the pressure on low supply. 

Seems like that would alleviate their stress.

Would flipping it and cashing in on the profit alleviate your need to work 72 hours so that for your next buy, you could cut back on hours?

Having a contingency fund of 10-15% on most projects will alleviate the stress caused when changes come up.  

BP and investors I've reached out to this far have been extremely helpful in alleviating my fears.

Working with a competent real estate broker can help alleviate some of the stress of the 1031 exchange.