Once they exercise seller financing, the property is sold and all 1031 rules apply. 1031 has specific timelines.

Real estate is one of the best mind-sharpening exercises in the investment world simply because getting it wrong there is no stock liquidation or quick way out.

I suggest you form an answer for each, @Jonathan Warner.

I suggest you start with developers in your local area (your county and neighboring counties level) because they would be your most likely partner or parcel buyer. 

I have spoke with engineer yesterday and he also pointed the same suggestions.

Any other suggestions for boots-on-the-ground observation would be greatly appreciated.

The heck with all these suggestions.

I would suggest making sure that you are following a set format/style of house each time you flip to systemize it more2.

Here are some suggestions to help you secure funding and move closer to realizing your vision:1.

I'm not sure I would want to be in a blind pool fund at seemingly a late inning stage at this point in the cycleFinally, if you're an average Joe wanting exposure to this sector I would strongly suggest taking a look at the public REITs as an alternative.