Link to Purchase listLevel of finish - similar to this : 538 s harvey ave , oak park , ILLink to Model homeAlso if any one is in similar stages of rehab and want to exchange notes on methodology , finding contractors , finding materials , Finish choices , please send a connection request , I am a big believer of sharing knowledge and firmly believe 1+1 = 4 .P.S: Even if you are not experienced and just looking for advice I am open to talking.

I can provide examples of work upon request.I would love to help anyone out however I can in exchange for the experience it provides and connections I can establish through working in the industry.

Once the exchange is complete, (closing on the replacement property is final), the exchange is over.  

How does the 1031 exchange works?

If I got a buyer to sell me their house for a discounted price (in exchange for convenience & speed), I believe I could get the bank to give me a loan due to the collateral (physical property), and credit score (currently began building).

Regarding taxes, yes, you'll need to be prepared to pay US taxes on the rental income generated while holding the property and on any profits when you sell (assuming you don't do a 1031 exchange). 

Offer to do their grunt work in exchange for following them around and seeing what they do, even if it is unpaid.

I have a building i want to sell to do a 1031 exchange and put down on apartment building.

If you are doing them for yourself and not getting paid no one SHOULD be able to say you are practicing law by typing and filing a deed for yourself.Cash for keys - pay the tenant to move out on their own by a certain date and leave the place empty and broom swept in exchange for some cash.

Yes IRS rules invoke capital gains upon the sale of an asset, but then there are exceptions (like a 1031 exchange) that can avoid them.