Is this below scenario possible?

Hey @Akara Ambak - your first conversation should happen with an architect who has a better idea of what to do in these scenarios. 

Crime maps can by found on multiple websites, NeighborhoodScout.com is a common one.

I don't want to get into a scenario where I have 6 STRs and have to text and Venmo all of them. 

It's a common complaint, and it's easy to deal with.1.

It would be just as easy for your LLC to buy a portion of the new property and your partner to buy a portion of the new property as tenants in common.

My only thought is the common element over 3 years is the owner. 

@Tom McDaniel After dissolving the LLC, each individual partner would be considered tenants in common and the interest would then be distributed evenly to each partner.

I know for a lot of investors it is common to want to hold onto a door for a couple of years then 1031 to a more expensive property to grow their portfolio.Me being someone that has a lot of available cash but currently 0 properties.

So going from a ranch to MF of any type is perfectly fine.In this scenario it would be possible for him to sell the ranch and take $250K or $500K of profit tax free.