Include an exit strategy, tax planning, and insurance to protect both parties.

Cash has no limitations or second parties that can capsize the deal.

Although I agree with @Nathan Gesner in part, I think he is off base in categorizing a relationship based approach to landlording as "amateur".

For the most part, I think I understand the basic idea of a 1031 Exchange.

The QI has to be an unrelated 3rd party to the transaction. 

Many will also require a third party due diligence report from a company like Mick Law or factright (which they run around $30-$50k). 

After a bit more research, I actually think renting a place will get me started faster and earn some experience doing Airbnb with a little less risk involved.Obviously I still need to be concerned about not violating a lease agreement by doing so and I would likely live on the property and lot or all the time.Ownership is still the ultimate goal, but this looks a faster party to self driven income.

It's a bit overdone for me and feels like investing there is late to the party.

Some transport companies have house kats that can get off the road and onto the site for an additional charge or you can hire a third party if the access from the road is limited.  

I have to say that the AIA system --- despite its flaws --- makes it easy for parties to work together.