But, someone who has saved their first $25K on the road to becoming a millionaire ensures they go nowhere fast by attempting to allocate $2.5K across ten different investments.

Your strategy is exactly what I’m attempting to do in Tucson.

It's hard to tell if Josh knows this and is just trying to blackmail me in an attempt to get me to try to work on his behalf in twisting the sellers arm to do what Josh wants.

And separate thanks to other posters who have attempted to provide greater context and education about this type of investment.

There are some accountants out there who say that the very act of doing a 1031 exchange is an attempt to avoid tax and so a 1031 purchase from a related party is a non-starter. 

Guy was attempting to sell his house. 

Yeah, I think you may be missing an attempt at humor here....but then you are an accountant..... :-)

You essentially end up paying over $300 per month if you attempt to start making calls from the dialer.

She's has an enormous dog (lab) at the house so I didn't attempt to go there to post the notice on her door as he had bit someone before.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison.