Also, the documents should show the Common Elements and Limited Common elements and who insures them. 

My Strategy:- Buy with primary goal of renting in the future- Live-in flip for the first 1-2 years to build equity and increase potential rental price Exit Options:- Refinance and rent the property, using equity and savings to buy again, move in, and repeat- Pull equity that built due to small renovations done over 1-2 years and purchase another property w/ intent to rent, staying in this first one- Sell/1031 (thanks to forced appreciation from reno)Will this work regardless of the asset being a townhome or SFH, or am I missing something? 

However, I'm unsure if mentorship or coaching is common in the world of wholesaling.

Whats your goal when investing? 

We hope we can communicate our goals, vision, and what game plans we are considering running with to gain some insight from the community.

I am a realtor here in Houston, working with investors with a variety of investment goals.

Other than that it's all goal dependent, do you want cash flow, stack big checks, and create tax savings?

Private investors or lenders to flippers is common practice as is the 50/50 split. 

DSTs, however, do accept and/or are designed for 1031s.I see the most common DST returns to be in the 4-5% range.

The goal is to eventually invest, myself.