How do i structure a deal of this kind, I think im going to target For rent by owners, if we cant come to an agreement on a cash offer, what do i do to set up seller financing?

For example, if the property costs $100,000 and you have $50,000 of personal funds, you could invest in the property under a tenants in common whereby your retirement account puts up $50,000 and you personally put up the other $50,000.

@Chris Nowlin, Like kind would be any kind of real estate that is held for productive use in business trade or for investment.  

I'd recommend reading through The Ultimate Beginner's Guide for an overview on the common strategies used in REI. 

Hi .Yes i know dome one.He is doing some work for us sometime.What kind of work do you wish to acomplish..D.

So what kind of terms would I want to offer them (the purchase price would be around $105k) and what would I be looking at getting after the sale (how much of a discount will I sell it at)?

I know how these things go.So think about it  fully rehabbed 40k home.. that home has to be bought for 5 to 10k  because if you want a home that is rehabbed it needs at least 15 to 25k of work done to it .. so it does not eat you up in cap ex.. so lets say the company wants to make 10k  ( pretty common for house flippers) so the most they can be in the home is 30k  so you are buying the lowest of the low at wholesale values the worse of the worse areas.. and on the face these do not equate into long term steady cash flow vehicles. they just don't  they only are sold to those to new or naive to understand this won't work long term....

I know 1031 exchanges must be same taxpayer to same taxpayer, and it seems like so far the only viable option I have found is via a Tenant in Common structure.  

Have you looked into a camper setup of some kind?  

While I am not a licensed contractor, I have spent many years in and around construction of all kinds and phases with a specialty in HVAC.