Probably short term rentals have a separate form because of the lodging taxes.Your attorney or anyone else can sign if they have a power of attorney, but the instrument has to recite WHO the principal is.

They will be instrumental in telling you where to build, how many residents they can handle, and also will give you more accurate estimation on the actual budge to make your pro forma with. 

So I just want to take this opportunity to give a shout out to my realtor, who helped make this all possible, Tyler Lingle.He was instrumental, not only in doing a fantastic job negotiating with the seller, and closing on the property in well under 30 days, but he also made the deal possible from the very start.

I don’t have any written communication where I asked to remove instruments but I did it at phone to person who worked for rest of thing at my home.

Adbi's local market knowledge was instrumental in securing the property for $135,000.

Through various coaching communities and masterminds, I have made connections that have been instrumental in my success as a business owner. 

Hi David,(1) I don't have much to invest ($280-$350k) and would want to diversify across different properties anyway (some DSTs are diversified, and I can probably pick up three different DSTs with my proceeds);(2) no direct participation in managing properties (tired of it);(3) illiquidity is not an issue (looking for a 7-10 or longer horizon, will need some cash 8-20 years down the road to fund the kids' college);(4) prefer paper investments in general, would be able to hedge declines in the real estate market with financial instruments (have a Ph.D. in finance and a CFA designation, but a newbie to RE exchanges).

One thing I would encourage everyone to examine that has nothing to do with financial instruments or assets, is the current National debt situation and what potential implications it may have on our taxes for the future.

I'd recommend nothing shorter than 5 years.Regarding your specific questions:1) Yes, any competent closing agent (title company or attorney, depending on your state) can prepare the note and security instrument (security deed, mortgage, etc.) you need.2) See 1.

Where I am going with all this is, have you looked into low down payment options that you all may be able to qualify for and afford without having to use an additional financial instrument on the rental property?