I'm never in favor of government over stepping, but I can also see how desperate individuals can be taken advantage of during this tragedy. 

Typically you cannot 1031 out of a syndication as the partnership (ownership enttiy) must be the one to do it, not an individual investor.2.

This is a very different space than most folks here on BP play in from what I have seen.

Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

Contractors play such a huge role in real estate projects.

If your tenant has been playing these "schemes" then likely they've done this with the previous landlord and gotten away with it - so I hope you bought the property for a good price in order to account for this potential headache. 

I actually keep a list our bookkeeping firm recommends based on firms/individuals we and our Clients have had good experiences with as well as I've personally had good experiences with.

I look forward to connecting with like minded individuals and expanding my network within the real estate community!

I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together.

This could be an awesome play..