Have you heard the expression "when visiting someone, don't stay longer than 3 days or you begin smelling like dead fish".  

just like stock brokers in the day !!!

No tax so far I think.2) If I convert that partnership interest into shares in a PUBLICLY traded UPREIT I trigger tax on the deemed sale/exchange of the partnership interest into stock of the REIT?

I also invest in other assets such as stocks, and private companies as well.

Tennessee holding steady at #5And of course California came in dead last.

Yes, this is an unsexy option and it doesn't offer the same tax benefits, but you would benefit from reduced volatility (so long as you don't obsess over fluctuating stock prices), greater liquidity, stronger management teams and superior assets.

While I didn't like feeling I was in Time Square on the Canadian side of Niagara Falls, the New York side felt completely dead. 

i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is

I’d be happy to connect and go over what I see my clients doing and what’s working, and what strategies are dead ends here. 

The presumption of most reading this is you mean stocks and bonds and other assets you would buy from brokerage houses.