That’s just a fraction of what it costs to operate!

But for a fraction of the cost you can just purchase the books and watch the bigger pockets YouTube/listen to the podcast and get most of the same information.

And purchase a fractional interest through a DST qualifies as replacement property for 1031 treatment. 

Especially with leverage (which reduces your principal to a fraction of the purchase price), differences that result from bidding are often trivial and impact the return of a good deal too much.As an example, if you identify an asset priced at $500k and can only get it for $550k, the difference in your principal is only $10k with 20% down.

To buy a fractional ownership you would need it to be a condo or a tenancy in common, and while in theory you could set up a three unit condo, no one would.

(do your own due diligence on this, see due on sales clause in BP.)If you borrow money, meaning no equity, it's promissory note, and fractionalized deed of trust to all parties as collateral.

I'm not sure what the requirements are in SC to be reactivated but typically this is only a fraction of the work involved to get it in the first place (granted you don't let it lapse for too long). 

@Jeremy Melloul  assuming any future outcome that you cannot control is essentially speculation--which is usually a bad idea (unless your speculation is just a tiny fraction of your net worth, and you can afford to be completely wrong).

I run a fractional CFO company that helps companies build healthy businesses and achieve their goals. 

I am partner of a Spanish company pioneering a new fractional ownership model with luxury properties in Spain for vacation purposes (Ibiza, Marbella, Barcelona, Madrid, etc.)