I work out of my basement and have been trying to find a location near me that rents out individual offices. 

Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.

Oh well.However, if it does come back, what I found was that creating the optional "Individual" FinCEN ID makes things a lot easier. 

As it is when money is at play.

But there is a way that you can still do a 1031 and sell them individually.

The property cash flows and I could definitely see each investor making at least $1000/mo with the most hands-off approach of renting to an operator and much more if a person ran it as STR or LTR and it is a great diversification play for me as Costa Rica should see much better appreciation than the Midwest, but if I were to cash out I could see five times the cash flow because of the power of leverage.But I think you hit the nail on the head in saying that it is a lifestyle type of investment.  

They are too close for comfortable game play.

I give it ten or so years before we start seeing this play out. 

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

Do not deal with any of the individuals mentioned in this thread:https://www.biggerpockets.com/...I outline my experience and many others weighed in.