The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

However, they do not connect with a 3rd party servicer.

I'd guess half of this final third eventually sold, even if several years later. 

I actually think it is a benefit to both parties to have professional representation to assist the seller and buyer with these types of transactions.

As long as all parties are aware of your intentions, go ahead and get it done. 

Third, do you have a lot of equity?

So, all parties over 18 need to sign the lease.If they are going to sign the lease, why wouldn't you screen them?

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

If you already have a high interest rate, consider a cash-out refinance with a fixed rate rather than a HELOC.A third option could be to sell.

We are getting up to our third order soon as we continue to grow rental portfolio.