And so the cycle continues, and the standard of living in capitalist societies steadily improves... at least in markets where new construction is allowed.

After five years, I am willing to buy the other owner out or they could stay in and continue earning and enjoying the property. 

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

and as they sell you continue to 1031 them back into new DSTs or back into bricks and mortar if you're tired of retirement. 

Quote from @Stuart Udis: As I am sure is the case with many investors, my residential and commercial leases continue to evolve.

Right now its slim pickings in real estate for properties that will cash flow or see any significant appreciation. of course they are always out there but a lot harder to find.The other question is why do you want to continue to grow?

I have three right now that its time to get rid of as they do not fit our model nor do I want to take the time to continue to manage these (even with a PM).

Although I don't have much experience in this field yet, I am passionate about real estate and hope to continuously learn and grow in this industry.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

I think as people are able to choose to work places that have better weather places like Cleavland will continue to decline.