Investors/Partners: Build a network of partners for joint ventures, sharing risk, and increasing buying power.5.

@Chris Piper  all do respect way to much info , to many spend so much time reading books watching videos, going to seminars, and building their " Power Team " .

While I'm not a lawyer and I would always encourage you to speak to one I believe you can 1031 homes but I would say it's much more powerful as you scale with commercial.

A large tree fell during the storm last week and took the stairs out so the tenant has no way to access the unit until we can fix the power lines and remove the tree which we're working on.

You may find it useful to seek an unofficial preliminary meeting with the local powers-that-be to get a read on how much resistance there's likely to be with your development, as well as getting an early read on things they'll "suggest" to make necessary approvals more likely.

I would pull the 500K, to then monetize through yielded interest bearing markets, then pledge those yields to acquire the purchase power for the planned various down payments  

I just still need power. 

I have two primary investor-partnerships thus the buy power is doubled as major projects come from 2 sources.

If you make the membership of this entity the members of the other 2 LLCs then you've also probably simplified and defined decision making power as well. 

Yes you take a pay cut but your purchasing power increases.