Maybe the partner is less able to do some of the leg work or their priorities change or maybe they move out of state!

The plan would be to move out after a year and rent my side out for $2,500 (market rent price).

I agree that we move on and focus on recovering the lost money and not loose faith in ourselves or legitimate partners. 

And I think he did make a post that he is moving back to the mainland and it sounded like maybe taking  a different role in ODC  Again hard to glean things from facebook no one really gives any details on that site so all just wag's on my part.

Do you want this thing to be the tipping point for them to leave and you have turnover costs and a vacant unit? 

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?

Here are some suggestions to help you secure funding and move closer to realizing your vision:1.

If you work the valuations out right you can purchase a duplex with your 1031 exchange that will allow you to move into one half immediately again. 

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

The big opportunity here is creating a scenario where both parties come out ahead, especially in situations where the seller might otherwise walk away with little or no proceeds.If you’re considering moving forward with this kind of structure, I’d be happy to assist with running the numbers or exploring funding options to make it happen.