What's worse is that the value of the apt moved up from approximately $1 Million at the time to about $2.5 Million.The reality is that my friend was not only losing in Cash Flow when taking into account his living situation in NYC but he also lost opportunity cost because he had the chance to buy a Condo that was very similar to the one he rented.

Your factory workers may be in a situation where they can easily work some overtime and quickly earn the deposit. 

You've already got some amazing value producing income, sounds like it's time to just make this investment a little more passive.Mandatory Disclaimer: While I am, obviously, a big fan of this financial tool, I am NOT a financial professional and you should absolutely do your own due diligence, talk to fiduciary (super important) financial pros and assess this option in terms of your own personal financial situation and goals.

However because of my age, and financial situation every agent I have met with or contacted ignores me, never responds or fades off and just forgets about me because I can't afford to buy a 300k house.

I think it depends on your situation.

Here's my situation: I used to enjoy renting where I do, but a few months ago my landlords rented the apartment across from me to a family who loves to throw outdoor parties.  

Hello Everyone,I am looking for advice on a potentail 1031 situation. 

What avenue would you pursue in my situation to not over-leverage myself in regards to the partnership?

In a situation like that, try to educate them.

A vacant house that gets vandalized can easily put you in a loss situation.