Someone with an income like that "probably" has the means to sue, follow through, and, at the very least, cost the owner some change; which is a big piece of the puzzle on a property that someone is trying to finance 100%.I agree with whoever said this above, the best tenants, financially, are the ones that make just over your threshold, because it's harder to move, less likely they'll sue, and/or be a problem.And as I said above, whether this is a "good" deal is TBD.

I'm puzzled, too.  

So I am currently using Parcel Fair to look for tax deeds with the intention of immediately filing for ejection and selling them, what will be the one piece of the puzzle that I am missing that is going to burn me.Also I've seen different answers as to the interest rate as well as when you can legally rent a property out/ have the ability to sue for reasonable rates.

I am wondering if some could provide a simple explanation, or point in the right direction, to help me understand what types of Syndications or other forms of joint but passive ventures qualify as the 'reinvestment' part of the 1031 transition puzzle?

It looks like the puzzle pieces aren't all here but lets see if we can put this together.

Anything missed will be Change order.Timing- weather, zoning, city, off sites, neighborsTeam Members:Good commercial agent who understand retail and land developmentGC with experience in retail developmentsArchitect - same as aboveMortgage Broker- who understand SBA and construction financingLeasing Agent to lease up balance of spaceEvery market is different and a big piece of the puzzle for your development would be zoning, access points, services (deep).On the scale of difficulty- what you're undertaking is about a 7-8 in difficult in commercial real estate.  

i work everyday at my alternatives and i feel this topic is doing just what i hoped it would do, that is bring forth ideas and solutions to the challenges that i am facing here in this state with my situation. i have had some attractive residential as well as commercial proposals thrown my way... i have even gone into negotiation to buy some and so far non have actually closed, but i AM still going at it daily. at this point i feel that a money partner would be an important addition to this puzzle. after i establish that i believe there will be momentum, and from there i feel i can get on the right road then work my way to the fast lane.

But it is one piece of the puzzle that perhaps isn't being utilized properly.  

However I am puzzled because I was under the impression that a person can 1031 one property into, at most, three new properties. 

Yes, it's only one piece of the puzzle, but you should know what your cash is making.