You could also try to arrange a "swap" of some sort with an experienced investor wherein you learn investing and provide some other service.  

Nothing to sign or swap .

Lots of locals swapping stories and knowledge. 

I went with a 20 year SWAP on my commercial.

In the world of the 1031 exchange, there is a saying of "swap til you drop" - meaning that a property acquired in a 1031 exchange should only be sold as part of another exchange for the remainder of your life so that the capital gains due never occurs.

Would love to connect and swap goals and strategies!

You would probably not need an architect if you are just swapping cabinets, tile, floors, etc.

I understand that I have to identify one or more properties to swap with a total value of the sale of my property: are we talking about the gross yield  (600K) or the net yield (570 after after the real estate fee)?

The Service is aggressive when it comes to the practice of basis swapping and the fact that the parent wants to sell at a discount and declare tax will need to handled delicately by their CPA. 

He asked about the first one, as it was confusing with originally recorded errors in the legal description (two half duplexes where the legal descriptions had been swapped at the original sale).