If there was a trust involved, it could have a non-pro-rata distribution clause that allows some siblings to receive different assets, so long as everyone receives an equal FMV of assets. 

@Terri DonovanI thought the new property had to be of equal or greater value?

It does not have to be equal shares.

The deal would be the group would form an LLC, put in an equal amount down payment for 30% of the purchase price, self manage, and then after all expenses split the profits 4 ways.

If my parents are willing to help me out with a equality loan, can I use that to BURR?

If the move in date is close to the end of a month, then I charge the pro-rated current month PLUS the full rent for the next month at move in)3) Refundable security deposit (usually equal to one month rent.

Both relinquished and replacement properties must be like-kind.The value of the replacement property must be equal to or greater than the value of the relinquished property.Upon closing on the sale of the relinquished property, you must identify one or more potential replacement properties within 45 days.

I agree safe numbers are crucial.

@Tanner Kurilec To those here referencing an index fund investment, I would submit the argument that not all 7-8% returns are created equal.

I see that this passive part of REI is crucial as you mature in your porfolio.Since I have a very busy full time day job, I'm juggling the time vs. money vs. excitement for REI strings and sometimes failing to find that right balance.