Since Target arrived, you might be able to get milk cheaper. 

If you are new to investing and need help to fet started maybe a good course will give you a push in the right direction, but i think in this case  maybe there are better cheaper ways to first understand what the opportunity really is and if it is right for you and your goals/available resources .

My guess would be that as this GP is doing 1031 as a TIC into the deal he would be a little less likely to want a sale, which is a taxable capital event, and would like to keep his money invested and sheltered from taxation as long as possible which tends to fit with my investing style of long term/preferably forever investing.        

The homes around you are A LOT cheaper (according to Zillow).You might have to bite the bullet and reduce it further if no extra cash to finish rehab, especially if the buyer thinks they're going to have added cost after close.

Then when you sell you will get to prorate the gain between tax free (the period you lived in it) and taxable (the period it was a rental)4.

The newer more renovated houses will continue to rise but I feel at some point mine will appear as an old dated house that somebody looks at and will want as a cheaper place to fix up and renovate.Other than this, I don't really enjoy the out-of-state investor aspect of relying on a property manager when this was always a hands on investment for me until I moved away.

Not seeing the 1% exit tax for NJ and all the closing costs too. so it would be around 100k total to just sell a place with 340k-ish profit. cant beSelling price: 649,000Purchased: 395,000, loan outstanding: 285,000TAX:Federal; $64,000NJ: $20,000Federal tax breakdown:Cost basis: $395,000Proceeds: $649,000Depreciation Recapture: $56,000Net taxable gain: $310,000Federal Tax Breakdown:Depreciation Recapture taxed at 25%: $14,000Gain from sale taxed at 15%: $38,100Net investment income tax of 3.8%: $11,500

It will pay off the lien and the first mortgage and the rate will be cheaper than a cash out refi.

I also have credit cards that I can turn into cash, but the interest rate is an issue.I just don't know what the right move is to get that cash and keep that rate.Am I missing any other strategies or ways I can gain that capital at a cheaper rate? 

You can find a real estate coach for cheaper than 10k.