I ask them to confirm when they are coming, all via a mass text that then relays back to me in individual conversations.

Not surprising, the single most helpful individual in this whole process was someone I met on Bigger Pockets, who would become my loan officer, @Upen Patel, with The Federal Savings Bank.

If you think the risk is worth the reward/closing on the deal, then lightspeed ahead.

What I've gathered from the callers so far, they do not want to get into a multiple offer situation so the individual or their realtors have been calling exclusively on FSBO houses in their target areas.  

You will meet like minded individuals.  

If your LLC is a single member entity and all activity on it will be reported on your individual tax return then for 1031 purposes the LLC is disregarded and you and the LLC are perceived to be the same taxpayer.So you could sell as yourself and buy as the LLC.  

It's truly encouraging to know that there are other investors and individuals out there who share the same vision.

A lot of individuals have built their net worth through real estate and I'm hoping to be one of those individuals as well.  

Another option would be to make a capital contribution to the business which would be paid out to you before any distribution of profits (same idea, just no interest earned on your cash).Regarding how you are properly compensated for your risk...I'm assuming you'd reap 50% of the reward when you sell, right?  

They work for monetary reward.