I am eager to be a part of this community and hope to exchange information, advice, inspiration, among others with similar interests and aspirations.

I'm planning on doing a 1031 exchange with a friend where we agreed he would put 10k down and I would do seller financing for 140k for five years at 10% until he is qualified for a mortgage therefore paying me the bulk of the purchase.

Hi @Shaq Gordon,I think the best way to navigate a volatile market is not to try an predict the absolute "best" time to buy, but rather, look for opportunities that match your investment criteria and strike when you find it.Timing the market (whether stocks or real estate) is a fools game.  

I have been planning on using money from the stock market to do my first deal.

Too, consider that if the stock market starts plunging again, that money will flee...somewhere. 

FAQ Coming on Like-Kind Exchange ExtensionsPosted on Apr. 15, 2020The IRS is putting together a FAQ that will clarify the recently announced extension of deadlines for completing like-kind exchange transactions.

Your projects will be affected no matter what, but if they can make even a little money in bad times, you'll be better off than having your money sit in the bank or stock market. 

I exchanged equity into multi family in the Dallas area and made approximately the same cash flow.

There are ~45 million total rented residences (out of 125M units of total housing stock) and most of those are single family homes (18M+ and growing) and duplexes, triplexes, quadplexes, and smaller multifamily properties.Another way of putting that is to say that most renters in the US live in single family homes or in 2-10-unit complexes.

I would offer them the option to be let off the hook and exchange for immediate move out and then releasing the security deposit.