They buy it from you in exchange for a promissory note.  

If you buy properties using a 1031 exchange and the property you sold was in your name, can you subsequently transfer ownership to an LLC without triggering a capital gains bill from the IRS since its not in your name anymore?

If you flip or wholesale houses, you don't qualify for a 1031 exchange or capital gains tax.

I purchase primarily for cash flow, but I try to buy with an eye to appreciation, as I plan to 10-31 exchange my portfolio in roughly 7 years when I retire from my career and relocate to a better rental market (Florida) where I replace my salary managing 10 or more paid off rental properties with the proceeds of these leveraged ones rising in value.

What if we took another $10,000 off the price and in exchange we can let your tenants paying $2500/month stay another 3 months.

While not a big thing, it makes it a little harder to precisely point to a piece of data under discussion.ConsOne hopes that the changes prove beneficial to mortgage borrowers.

I'm working from a 1033 exchange, I have a significant down payment, owner willing to sell two great cash flowing commercial properties and will owner finance part of the deal. 

Add the time and the legal issues of wholesalers/no money down deals, and in my opinion, it is easier and more lucrative to skip the no-money down investments in exchange for the low-money down investments. 

One thing you want to mention to them is what value you can bring to their investing operation in exchange for them mentoring you. 

Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange.