Well, a semi-descriptive portion of this is that I was invited to go with a buddy of mine who had paid his way to this seminar to become a member of this Real Estate (I guess "company"/business).

Hope this description helps but feel free to ask more questions.

Creating a business plan with a mission statement could help potential buyers (even if you won't actually sell) understand what your business is about.If I were a potential buyer, I would find your mission statement quite descriptive. 

If you are talking about a multi-family project you can get 30-year amortization but generally, the term is only for 10 years, geographically specific rates and the loans are non-personal recourse (a huge benefit).

So therefore based on your description, unfortunately no the property would not meet the requirements for a 1031 exchange.Contact a qualified intermediary and they can explain in great detail what and how to facilitate 1031 exchanges. 

Here's some ideas.Do a zillow search for your target area for available rental properties.Look at the listings and identifyListing pictures and descriptions.

Also, offer to pay for their attorney’s fees (for the real estate sale transaction), they probably have a lot of things to pay for during that time.5: Local Businesses: I print a small simple description of what I want the public to read on the top half of a normal 8.5x11 piece of paper.

Rate their pictures, descriptions, days on the market, etc.

If you don't get much response on this forum, I'd post it in the Landlord forum (which is very active), as some of your concerns are not geographically specific.

@Debbie Camara Since it sounds like they already foreclosed and it's now bank-owned, usually they're going to list it with an REO agent so it will hit the MLS eventually.If you're really interested in that specific property, then ask a real estate agent who you're willing to make the offer through, to set up a "saved search" for that specific property so you'll get an email as soon as it hits the market.Even if they sell it through an auction process, I believe they usually put it in the MLS anyway, just with a description pointing people to the site/terms of the auction.As far as finding owners of vacant properties, you can look up the owner name and (usually) address on the tax assessor's page (which I find via ripropinfo.com since it has links to all the assessors) and send mail that way.Even if it's vacant and the owner is listing as living there, it's worth sending something there, as there may be a mail forwarding in place (long shot I admit).Another good strategy is to talk to neighbors and see if they might know where the owner went - sometimes even a state can be helpful.