This will determine your accredited investor base, the avenue in which you will contact them and them contacting you.

@Johnny Corbett Generally the cash flow from multi family properties will allow for a greater return simply because of the efficiency and costs associated with purchasing say a duplex vs a sfr (obvious variables simplified).

My wife and I are trying to determine if selling the property now is a good idea or bad idea.

My two partners simply brought the deal to me.

But easily solved - you simply complete the 1031 and then contribute the property into the trust.  

Look for the ones with personal represenatives and see if you can determine if they owned any property. 

Like to determine if I am right or wrong.

They are not partners, I am simply using their capital to help seed my hard money loan and/or for repairs.I would like to hear what returns other investors are giving their family members on these types of deals. 

What should I be asking to extract all of the pertinent information that will determine if it is actually a deal?

Any insight you have on determining whether a house is truly a tear down, or experiences with 203k financing falling through would be much appreciated!