While I understand the reasoning behind this, it’s unsettling as they are pausing Class A and I invested their thinking in exchange for no upside I would get more reliable returns.

If you keep in Dad's name, just make sure that he does 1031 exchange out of any potential sale in the future if you don't want to write large checks to Uncle Sam. 

That would give you an idea, but an agent will be a more precise ARV with real comps and also can recommend you the areas.Metroplex is big so also check that the realtor is experienced in the market area that you are looking for.

Some of our clients sell their portfolios in expensive markets like San Diego and reinvest (via 1031 exchange, or in your case it's not necessary) elsewhere.

The dark side of real estate syndication that nobody talks about  The investment would either need to have A) collected a significant amount of distributions (cashflow) or B) had a lower basis from one or more previous 1031-exchanges.

We have an investement property, which we plan to sell and buy propertie/s in 1031 exchange.

TAx benefits - such as looking for depreciation or doing a 1031 exchange.2.

Would the proceeds from the perpetual easement be 1031 exchangeable? 

Would i be able to avoid capital gains by selling it, then using  a 1031 exchange to buy a multi family unit that i plan to also occupy?

. :) What you've been taught wholesaling is, (connecting a buyer and seller together in exchange for an assignment fee) is simply brokering real estate.