Totally doable to pair a 1031 exchange with a tenants-in-common (TIC) deal—the trick is making sure what you’re buying truly looks and behaves like simple co-ownership, not a partnership in disguise.

Do you want to live with someone who behaves like this?

The only thing I would have done differently would be having a more clear and concise plan of when renovating the unit I lived in so that it could act as a template for my other future units (paint scheme, types of tile for kitchen and baths, consistent fixtures, hardware, flooring). 

You will gain a lot of knowledge and even if you find a deal for that flipper you might be have to get an equity position in the deal depending on the deal you bring to that person.

In my opinion if an agent is ethical they will behave ethically regardless of who they represent. 

@Hunter MorrisI am from Texas,and i have been approched by STR operating compaies like this for my rental .Out of curiousity ,i had a conference call with the company and started the process.When i reviewed the contract they send me i knew i was going to get F..ked left and right.Everything in their contract was in favour of the operator and against me .I asked them to use the contract that my attorney will draft and never heard from then again.All comments made in the chat has excellent points.Think about a law suit coming and it will be against the owner of the ppty 99.9% of time and not against the operator .Also7 like some one mentioned i can bet you the operator will be having only 500$ or less in their operting account.

Small multifamily loans in NYC often behave differently than single-family loans.

Most of your cheaper, high leverage HML products are instituational paper, which are going to behave more like bank underwrites than private lending.

Why should I act or behave a certain way when the other person won't? 

After a bit research, the best structure seems to be having a land trust to hold the property; a CA LLC with my Wyoming holding LLC as the beneficiary and another CA LLC with my Wyoming holding LLC as the trustee.