Thats fair, we are not doing any of the actual work, so it makes sense to not receive  a lions share of the reward. 

This has to do mainly with the timing of property tax payments for your own home (not for your investment properties) and your charitable donations.

You are very brave for doing this, but it sounds like a rewarding adventure! 

Or U die and your heirs get stepped up basis.Or you can do a Charitable remainder trust which will give you some tax free.

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

You’ll need an expert like @Dave Foster in rewards to doing a 1031 for your business.

In todays environment some syndicators might be pushing out into more B- to C areas to find properties in overheated markets so the risk/reward ratio might not be as good as in the past.Not talking about Brian's deals just in generalities.  

Currently, I have been living in the Lisbon area (Cascais) for about 2.5 years.After some investigation into the Portuguese Real Estate market we (my wife and I) decided that with Portugal’s rapidly growing tourist influx that the risk/reward calculus pointed to STR.

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project.