Deviations from the Private Letter Rulings will significantly increase your risk of structuring this type of advanced 1031 exchange.You should discuss this more advanced 1031 Exchange structure in greater detail with your legal, tax and financial advisors to determine your comfort level with this complicated 1031 Exchange structure and the inherent risks involved.

"There's 2 types of house's, 1 where people know they have rats, the other is they don't know they have rats"Poison is a really bad idea, especially when tennants are involved.Hire an exterminator a document everything.

It could also help you to decide what type of real estate you would like to focus on - i.e., residential vs. commercial. 

Yes, how would I find these type of properties?

Do you have any types of properties for rental (SF, 2-4 MF, or 5+ MF)?

Make sure they clarify what type of tenant for a specific building you are looking into.

Maybe with a low (70% or less) LTV or an ARM and stellar credit...also depends on what type of loan you're looking for (nonQM or conventional Fannie/Freddie)

@Patrick Roberts & @Tim Delaney- which lenders/ loan types are good for 80%?

This type of partnership can meet the need of a specific type of person.

What made you interested in investing in this type of deal?