This can be a sensitive topic, as many cohosts opt to not be licensed, and as some agents and PM's think the law requires a license for cohosting.

I attend seminars, and real estate meet ups, as well as work with my local housing authority to keep up with the local tenant landlord laws. 3) We did all of our own maintenance.

Cashflow, ability to build a team, landlord tenant laws, price to rent ratio etc.......were all factors in the decision making process almost a decade ago.Now,  I wonder why your approach is an either or view? 

I would call or email a specialist in FIRPTA such as "Tax solutions FIRPTA consulting" in Katy Texas, since they can answers all questions about the law plus investor friendly lenders

These are you law abiding, working, fair % families probably plenty with US born kids. 

Investors aren’t acquiring fractional property ownership but are instead buying income rights, meaning the arrangement avoids triggering real estate co-ownership laws or property title issues. 

Are there any rules, laws, or regulations regarding this?

As a new owner, you should confirm if you can raise the pricing on the rent, and do that accordingly to the laws.

Has anyone used e1031xchange owned by the law firm of Jerry M.

Start by researching affordable states with strong rental markets and landlord-friendly laws.