I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

There are so many potential problems.

There are several websites available today that will help you to calculate potential rents.

I would put it in your listing details and also potentially house rules. 

Between the main semi-monthly meetings and the various sub-groups there are probably 5-10 or so potential meetings each month that are strictly content and networking with local investors.  

There's real potential there to build a successful portfolio.If you’re looking to connect or need any insights into these markets, feel free to reach out! 

Any potential leads would be appreciated. 

The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).

I saw the potential to cash flow when the opportunity presented itself I jumped on it.

Any tips anyone can share on how to find a reputable and trust-worthy contractor and/or a lawyer who can write up less riskier work contracts?