Im not even stressing the whole learning process because not only is it essential but I am 110% positive that when the time is right, I will begin and will be super successful.

I'd also suggest prioritizing location(essentially unchangeable) vs. prioritizing curb appeal(certainly changeable.)

I don't understand the role of the "Accommodating Party" when there appears to be no way for the seller of the 1 property (the exchange property) to "touch" the capital gain before it is used for the purchase of the 2 properties (the properties being exchanged into).1 Property being sold as part of the 1031: Owned for 10 years, used as rental, capital gain will be $120,000Purchaser of the 1 property is an arms-length purchaser unrelated to the seller essentially paying fair market value.2 Properties being purchased (exchanged into) as part of the 1031: Rentals with total purchase price for the 2 properties of $110,000, both properties owned by the same person

Lived in the house I am currently renting at one point, so I am essentially a newbie.

The ideal would be to find a replacement investing partner who you can trust to essentially buy them out of the deal - but there will be costs involved in this transaction and you would want to know the individual.

.$505,882 in real value plus $90,000 of personal property = roughly $600,000 in value for the park as it sits.Your upside is in filling the remaining vacant lots, pushing the rent to $250+ over time, and renting the 6,000 sq. ft. building.Your greatest risk is the private water/sewer system, and the demand in a metro of only 33,000 (TEST AD ESSENTIAL).The potential value of this park is 25 lots x $250 x 12 x .6 = EBITDA $45,000 plus 3 stick builts x $600 x 12 x .6 = EBITDA $12,960 plus 1 commercial building $1,500 x 12 x .6 = $10,800 = TOTAL EBITDA OF $69,000 AT 8.5% CAP RATE = $811,764.The risk/reward scenario is decent because if you pay $600,000 and sell off $90,000 in mobile homes, you have $510,000 in deal and, assuming 25% down, you have invested $130,000 down and, if you can bring the park fully back to life, you have a profit of around $300,000 on your investment of $130,000, which is about a 2 x multiple which you should be able to harvest in less than 5 years if you work really hard and did great due diligence.

It comes from Liz Faircloth and Andresa Guidelli, hosts of the Real Estate Invest(Her) Show.General Team MembersFinding Deals – Commercial real estate agentWholesalerMarketing teamFinding deals is an essential part of the equation and the above team members are needed.

So essentially i would only be able to take 30k out. 

If so I think the buyer may be in a position where you have essential shown them what can be permitted but have removed their ability to utilize said entitlements by withholding the design that's been green-lighted by the jurisdiction. 

Essentially, I took the future payments for all months and I discounted them to its present value.