It will familiarize you with the basic terminology and benefits.

There are several basic rules for a 1031 for identifying properties, timelines, and uses. 

Podcasts and books are another fantastic way to get some knowledge in and help understanding the basics.

What they do is basically teach how to Wholesale Commercial Properties professionally.  

It will familiarize you with the basic terminology and benefits.

@Alec Jacobs I have basic low/no fee business checking accounts.

Some questions for the people with experience: What are some basic landlord problems I will most likely run into?

You pay additional principle on your mortgage you are saving yourself 6.75%, BUT if you can put that money together and do something MORE GAINFUL with it then that is what investing is about.

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

Again, if you learn some of the basics, you won't be so nervous about the problems you will eventually face.Start with BiggerPockets Ultimate Beginners Guide (free).