I’ve recommended it numerous times.

We in Phoenix, on the other hand, are greatly benefiting from people running from CA, another great socialist state :)

There is intent but also not really a hard time given you have to hold the property for.Most case law the legal experts feel comfortable at 1 year but people have exchanged with less time before.Look up Exeter 1031 on here and there are numerous others.No legal advice given. 

You can get involved in numerous ways to help you learn the ropes. 

I have bailed out numerous undercapitalized investors that have gotten way over their ski tips drinking the sub too coolaid.. it does not go right and I can tell yo the seller is going to sue you.. and or file a complaint at the AG. 

Benefits to invest in his business for some growth capital. new equipment purchase, and consolidation/restructuring of existing debt.I dont have any financial experience in regards to a business, and  just based on his explanation, something doesn't make sense with his income-debt(i dont know what exactly which is why i am here) My question is : " where is a good simple resource i can use to help me make sense of his books?"

Here are a few options:CozyVenmoZelle - Works with large banksPayPalThe benefit to having a lawyer write up your lease is if you have unique situations. 

So basically I’ll be busy with my current job and unfortunately won’t be able to benefit from a broker’s front office, or training, or support network just yet (hopefully in a few years).  

So that is how we got rolling in the early years.I do suggest that method, as we benefit from debt pay down, appreciation, inflation and the renovations that we do.  

The added benefit of this process is that you can also have your attorney sign the public records as "Nominee Trustee" before assigning yourself as the "Trustee" once the trust has been established.