To be brief, the city council is out to perpetuate the notion that wholesalers are scammers, and that you must become licensed if you plan on engaging in wholesaling. 

This is only because there are very few ways for companies to weed out individual applicants, so they rely on the antiquated notion that a college degree is an indicator of professionalism or potential.

Is there a supply shortage contributing to a hyper competitive market? 

I would not only provide them with free operating space, but I would like to provide them with a monthly contribution and help them with marketing, fund raising, and other facets of their operation.

COVID19 has contributed to its delay; however, homebuyers experienced a low inventory in this market.

The debt equity split on the financing will be 85% debt (75% bank, 10% secondary lenders) and 15% equity (mix of private investment and land contribution).

It's definitely slowed down here, but can contribute deals to a solid follow up system we have in place at YellowBird.

Etc.There would be some book keeping of how much was invested per person, how much BAQ or housing allowance contributed. 

Hi everyone I started my own business over the last year and have been able to put aside a sizeable amount of money to contribute into either a BRRR or into a live in self managed multi-family.

So you need to sell as yourself, do the 1031 and buy as yourself, and then later contribute that property to the new LLC in exchange for membership interest.