We had so much we tiled the entrance foyer, a 1/2 bath & rear mudroom & still have 30 pieces left.

@Shital Thakkar - I agree with you 100% but want to add just one piece.

You can only give them one piece of advice, what do you tell them?

I don't know of anything bundled together, but plenty of good write ups for different parts of your question.I'd break it up into manageable chunks, then learn piece by piece.

With multiple tenants you are all on the deed as tenants owning a % interest in a particular piece of real estate.Any tenant has the option of doing a 1031, taking the cash, doing a partial 1031, or combining their 1031 with the other tenants.While changes in entity immediately prior to a sale and 1031, it is a very common practice to complete the 1031 exchange with the purchase of the replacement property and then change the entity structure to reflect ongoing goals/strategy. 

Each of you actually owns your own piece of investment real estate. 

It is this loan that provides you liquidity, and you can use these funds to buy another piece of real estate.The interest-only payments on the loan are funded by the payments you receive from the dealer on the installment sale contract.

I spend a ton of time in Charleston and bought one park that I demo'd and built new construction on.. just a lot of moving pieces to make these things work this way.. and I guess if you have the net work right then what the heck.I don't work with wholesalers at all so not any thing I am interested in comparing.. to me its like the used car side of real estate.. no time for it or desire to engage those folks.

I also plan to take a piece of the property for myself so that I can come and go as I please to kind of make a presence known.

I find that things start happening/pieces are put into motion when I market a lot.