5) What I am trying to do is to gradually receive the funds, but I'm not sure how to accomplish that.6) I have heard a suggestion to do multiple 1031s and receive a certain amount of cash year, but that would be alot of work since I would have to buy 90% of my current assets, then the next year 80% of my current assets, etc.7) I don't really trust the TIC and/or DST (Delaware Statutory Trust) type properties, so I tend to think of this as the most likely resolution.8) Since some of these properties are triplexes, some would be classified as residential. 

If you are referring to the Personal Property Filing that Maryland requires for LLCs then my understanding is that the property is NOT part of this (its classified as Real Property, not Personal Property).Standard Caveat: I'm not an accountant and am not giving advise, just my 2 cents.

Or would this be classified as a residential loan due to the types of properties I would be purchasing?

Look up more property info on the counties GIS map or Google Biloxi GIS map.Check the Biloxi Sun Herald classifieds foreclosure section. 

Your permiting time could be short as well depending on how everything is classified. 

The UPB is the asset which is diminished monthly by the principle, and interest is classified as income. 

With that type of income, you classify as an accredited investor.

That could be more advantageous than the percentage I might gain in classifying it as a second home.

It's just not how the financial world looks at investments...CAP is a component of "commercial" residential multifamily...5+ units. 1-4 unit properties are often classified as single family (This is how Core Logic classifies 1-4 units)...The properties are valued by comparable sales method.

How would one classify Class A versus B/C ?