If your role is critical to the project's success, aim closer to 50-50.

I hope you and the buyer are successful in going after the seller.

I run a facebook group on MTR"s with 3.5k people and many have had the same experience. it's not to say you can't find success on FF but the demographic of who you're trying to attract might not be on that platform. 

The idea is to re-fi in a single transaction, which, I assume, will have benefits over three separate transactions.

Congrats, looks like a great success story!

If they're not familiar then it's your chance to get your foot in the door by bringing 1031 education to them.It's been a few years since I checked but at one time NAR showed statistics that of all the transactions potentially qualifying for 1031 exchanges, only about 10% were actually handled that way. 

It will be a short term Airbnb rental.Have had success with two other Airbnb properties that I currently arbitrage in the local Pittsburgh area.Purchased the home far below market value with a probate sale.

As an investor myself with a successful rental portfolio, I love the appreciation here as well.

Plan carefully, and you’ll set yourself up for success!

The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.