Like many things, on the other side of sacrifice, discomfort, and hard work is a large financial reward. 

Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

You will gain the rewards down the road.3) You 'should' claim rental uncome from any source.

You have to enjoy and reward yourself sometimes.

The goal is to expand my network with likeminded individuals in the same market.   

Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

@Sufyan Minhasgoing to depend on the rules in individual buildings

Certain expenses are all lumped together for the sake of the P&L like insurance and taxes and others like repairs and maintenance can be viewed collectively or by individual property.

In this situation, can all the partners claim mortgage payment as expense in their individual taxes (or just the partner who owns the mortgage)?