Whereas if you and the other investors held ownership as TICs (Tenants in common) then you could sell your portion and do a 1031 of your portion while others did something else. 

I'm not sure I would get to cute trying to squeeze every time out of it now with a lease that might cause you issues in the future, but the scenario you describe is common and probably smart. 

Quote from @Anil Shah: Quote from @Derek Brickley: Pretty common, you can definitely use commission as down payment conventional loans and not have it count toward IPC as long as you're on the loan. 

I am a voice of common sense and help them come up with the best way to manage STRs.

My ultimate goal is to build a portfolio of cash-flowing properties to achieve financial freedom.I’m currently seeking mentors who can guide me through this journey and help me avoid common pitfalls.

A common strategy I see with diversification exchanges, is that the investor will purchase the first property cash and the second with a mortgage.

Rental arbitrage isn’t common in my area ( high point North Carolina) but I was planning on starting in another state.

In a previous post, I discussed the difference in each of the most common cost segregation study approaches.

It also addresses a common misconception.

And plenty of people wholesale mls all the time and get deals it's actually quite common.