In fact, I bet I could go into my notes from the course and answer your questions with exactly what they said on the matter.

Typically, these entities will ask for up-front fees in exchange for “counseling” services such as financial advice, negotiating payments or other solutions with the lender, or exploring the sale of the property.

@Mark RosenbergI know I started one before I did a 1031 exchange I did to go from a duplex to an 8-unit. 

I am in the process of flipping a property and thought it might be a good idea to do a 1031 exchange and VA financing to secure a multi. 

That's primarily an investment question.You should weigh the IRR of holding the property 5 years, 10 years, etc vs selling, taking a haircut on your equity via selling expenses / potential taxes, and reinvesting into something that has a (hopefully) higher....materially higher...IRR to compensate for the haircut.If this is a good long-term investment, capital gains can become largely irrelevant through well thought-out income and estate tax planning.  1031 exchanges, inheritance, etc.

You might even be able to 1031 exchange your California profits to bypass tax hit if you plan on purchasing similar homes.

If you think you have the ability to raise sufficient equity to do the deal your best bet would be to find a local developer with expertise in this type of project to partner up.

We are working on an opportunity to take equity in a 100 unit portfolio in Manhattan, in exchange for management. 

Cash for keys is going to be your best bet.

I was contacted by a young, hungry for success college grad that wanted to see how he could help me in my real estate business in exchange for knowledge and mentor ship.He connected with me on here (BP) and is located in NY while I am located in PA.How could we work together efficiently while being remote for one another?