Depending on your carpentry skills, you could do this yourself and save money.

I am looking to leave the corporate world of Construction to take my skills to the local investment market.

Will you qualify as a real estate professional for tax purposes?

i.e. provide an annual prize (New TV, VIP parking space, 1 month free rent, etc.) but you only qualify with 12 months of on-time rent payment and in good standing with management? 

@Abe SampsonYes, both must meet the use test.It's possible but you have to meet the requirements (job change, certain health-related events, or other unforeseeable events) - see Publication 523 for more info and search for the section titled "Does Your Home Qualify for a Partial Exclusion of Gain?".

The member will then still be required to file a tax return where they reside and may be required to file a return where the property is located.Question 2TIC - 1031 will qualifyPartnership - Partnership will qualify to do a 1031.

If you're former or current military, you qualify. 

Tell me about it, Its hard to find skilled reasonable labor around here in DFW. 

The VA loan covers a $450k purchase (given that you qualify...I will) with no downpayment. 

Yes, the ability to find great deals appears to be a combination of art, skill and sheer determination.