I was literally making that point 3 years ago and now i’to even more devastating.

yeah, that's very literally what I do every week. 

Some of those facebook groups have thousands of members.

Maybe I need a new tax guy, but with hundreds of thousands on this site I thought someone might have a helpful opinion.

Understanding How Real Property Works I am not making the argument to do anything unsafe or that you need to do all of the work on your properties yourself but I believe that understanding how real property works will save you from being ripped off, allow you to prioritize repairs more effectively, and get you out of tough situations by providing you with solutions to problems.Why Basic Home Maintenance Skills MatterCost Savings: Knowing how to do some basic things yourself can save thousands of dollars.

I would not get an attorney involved unless you just want to prove a point. it will probably cost you a few thousand and I am sorry but the attorneys involved  , your attorney and theirs will settle out of court. 

Max - No I didn't use them because I asked the same questions for their tax ID or DUNS number and they never replied.Matt - gotta love how you literally said in your comment above that "I'd do it," and now you're posting links as to why not?  

Thank you @Bill Exeter and @Dave Foster for the reply, My partner and I literally researched this for few days and thanks for both of your advice, Here's what we're going to doWe'll buy the 1031 exchange replacement property with our personal name, and after 1-2 years, we'll create a "disregard entity" LLC for each of us and transfer the property deed to the 2 LLC's.

My thought process was to get my feet wet on a lower cost city property (literally within 5-10 minutes of the ‘nicer’ neighborhoods).

Several agents have told me they are required to send it out whether they have other offers or not and most people add at least a few thousand to their offer.