But I wouldn't accumulate a bunch of debt for long term wealth 

We’ve only checked condensate lines thus far because of some water accumulation in the ceiling.

(i'm probably more in wealth preservation mode vs wealth accumulation). i also don't mind the idea of DST being an illiquid investment since i still have a healthy brokerage account, a 401K when i turn 59.5, no debts and a 250K line of credit that i can tap into if i run into any emergencies.

If you're looking for massive appreciation then I'd say save up 2-3x more and buy in a primary market, but if monthly cash flow, mortgage paydown, and slow/boring equity accumulation is what you want...the midwest is where it's at.

My goal is to accumulate multiple single family and small multi family for long term and short term rentals. i used a VA loan for my SFH and have accumulated over the 20% equity!

Wealth accumulation.

Once I accumulated 40-50 SFR’s, I met one of my current partners who was obsessed with MF but had never done a single deal.We started exploring a few deals together, added a third partner and closed on a 42-unit soon thereafter.

Then you still have accumulated appreciation.

Thus you potentially lose current year tax shield advantages or you potentially lose accumulating suspended passive losses that can offset future depreciation recapture.

They have stalled by saying they need to deal with the 70+ years of accumulated stuff in the house.