SO why all the legalize right, well because like any good law there is a series of if's, but's and when's. 

You should connect with Chris above as well - great guy!

2) Buy a few out of state properties over the next few years, through a well vetted turnkey provider like the one I mentioned above, which should more or less break even or give me a little bit of cash flow, and since I'd end up with a few doors my risk would be a little more spread out? 

Commercial properties are not evaluated by "comps" (well not exactly) they are evaluated on cash flow.

I recently acquired a commercial mixed use at a great price and now that it’s fixed up, it’s worth considerably more and cash flowing well. 

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

Well then could we have a example of defeasance, maybe such as a Bob and Ted story?

Your Attorney has been WELL compensated and you should DEMAND he gets them out!

And @Natalie Bender is right about spreading your risk by going into multiple DSTs. 

Hey Tony,Well right now I'm back in Toronto.