These structures are significantly more complicated than a typical 1031 Exchange structure and there are inherent risks involved in the transaction, some of which are discussed below.

And this does not even involve business or real estate!

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Are there going to be banks involved, creative seller financing or all cash? 

That approach involves a lot of work and spending, and there are better strategies to utilize.

I work a W-2 day job and have my own electrical business.

Would love to have a reliable person to help free up some of our time to focus on growing the business.

The stabilized properties operate fine without me but the development side of the business requires me 24/7.

(As I navigate my service business, I've realized that there are more lucrative avenues available.

Quote from @Dan Hertler: I currently manage some of my out of state rentals, but would like to create my own property management business locally in New York (Long Island).