I’m not an attorney or CPA, so I’m not giving legal or tax advice, but I’ve watched clients navigate 1031 exchanges by leveraging well-connected property managers and specialized lenders who understood the local quirks.

I bet short term rentals can work right in your own backyard!

Some even bet against the market and made a fortune.

If you're looking for appraisal value an ADU may not be the best bet, but if you intend to sell, my anecdotal evidence suggests in dense highly desirable neighborhoods, ADU square footage will gross the same as the main house.

'Your best bet is to wholesale for now- you find a super good deal (how are the yellow letters coming?)  

An agent of the taxpayer cannot act as a Qualified Intermediary and will disqualify the 1031 Exchange.

I'm a bit late but want to reach out to the community to see what might be my best bets to get my money back (file judgement, etc.).

Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.

I was thinking it would be nice to start a small network group and possibly exchange some deals!

Your best bet is to consult with a good broker that has experience with business insurance and RE.