We live in one of the only countries on earth where even poor people can be obese, so  if they want to start their own business or pursue some other passion while they are young, then as long as they aren't a burden on their parents or taxpayers, why judge them?

For example, is the tenant limited to a tax payment to the owner if real estate taxes go up or does any tax increase pass through to the tenant for full payment.

Hello,

I drove by a house that was boarded up. I looked on the tax accessor's website, it shows the county public works as the tax payer.

Are properties listed as such not easy to obtain a deal on?

As a Canadian resident you need to pay taxes on world wide income. 1031 exchange defers tax payments to the IRS but not to the CRA.

Or is it a separate taxpaying entity that has its own EIN? 

@Diana MedinaIt might be advisable to consult a tax CPA/EA before you begin going down the road toward this transaction.IRC Sec 1031(a)(2) explicitly states that section 1031 does not apply if the real estate asset being acquired is held for sale in the ordinary course of a taxpayer's trade or business. 

Any tax paying entity can do a 1031 exchange. 

I'll be making the tax payments myself, and they'll simply be paying 1/12th every month.

What you'll be doing in essence is changing the tax payer by putting it into a multi member LLC. 

That’s $70 - $100,000 per $1MM.Most of my clients use this new found cash flow to pay down debt, purchase more property, pay towards their principle tax payment, etc.