I'm fairly young, and see this as a way to grow my retirement at a very healthy rate without coming out my own pocket (yet) to do so.  

Your cashflow on the current properties is pretty healthy and if your reverse exchange went the full allowable 180 days  you'd be generating cash flow off both of those and the new property during that time in essence double dipping cash flow for the interim. 

From an active standpoint, you'll be finding the deal, structuring the deal and raising capital with a healthy dose of legal awareness and support to ensure you are in line w/SEC and state regulations.  

I want to be able to pursue my passions while I am young and healthy, and build enough wealth to support a family with financial security.

The only way this makes sense to do is if (1) you're certain the homeowner won't sell the house during the redemption period and (2) you're certain there's a healthy amount of equity in the home.

I work in Advertising Sales and make a healthy 6 figure income. 

One of the things to be certain you address is contamination of soil and water. 

A little update: I wasn't able to view the property this weekend due to my daughter's health. I

I guess a similar question would be:What are the chances that a well-targeted, persistent direct mail campaign fails to produce sufficient leads for healthy profitability?

If it was a major spill over a long period of time, you are looking at serious costs $25,000 to $30,000.Essentially, it's heavy equipment to remove the contaminated soil, treatment of the area, testing.