I wasn't looking to pay a monthly desk fee--and was in search of a place that fostered community, personal growth and self development, and outstanding mentorship and guidance.

Complete transparency from a buyer helps foster a relationship with the broker.

Perhaps I was just lucky.note: as a foster parent, we were not allowed to have certain breeds either so it's not just insurance that has concerns.

@Matt Foster why not refinance the house even if you take 75k-80k out so you are still cash flowing and then you can find a partner to make up what ever shortfall you need in cash.  

@Bill Exeter @Dave Foster, care to chime in? 

., as @Dave Foster stated, Partnership and LLC interests are specifically excluded from 1031 Exchange treatment under Section 1031 of the Internal Revenue Code. 

I provide this service but so does @Dave Foster. 

Thanks,Stan Hi Stan-Really going to encourage you to connect with @Dave Foster to help you with your 1031 - you will  need a QI, you may want o consult with a CPA no doubt, but you will also need the QI first and foremost. 

I forgot to mention I am with Long and Foster Realty. 

@Dave Foster articulated a great and comprehensive response and the only addition to that answer is that, like Dave mentioned, these types of transactions must be planned out well in advance and if you were to find yourself in a situation where a reverse exchange would be required, please spend the money and get counsel involved as it is always worth it but ensure they are experienced and well versed in this field of law.