Kay Properties has a DST Sponsor arm, Cove Capital that offers no debt DSTs.

I'm looking to identify a builder with the following characteristics:1) Eager to grow his/her company and reputation in the market2) Has produced at least five high quality builds in Arizona which are at least 4K sq ft  3) Has proven track record of completing builds in a timely manner4) Personal capital to allocate to projects (optional, but ideal)Please reach out to me if you or someone you know might fit these criteria. are you set that you want luxury?

I wouldn't want to scare a buyer away because of some capital improvements that haven't even been voted on yet.

Quote from @Duane Richards: @Sundone Boutvyseth I also did a 10% on STR in Florida last year, it's worked out really well, but went through a national lender.

My understanding is that you can sell assets and defer capital gaines taxes in an opportunity zone until the property is sold.

So that the tenant rent is providing a larger amount of return of capital. 

If you find a seller willing to carry a note, you might be able to negotiate an arrangement that works without needing traditional bank financing.Another approach would be to partner with someone who has capital but lacks construction expertise.

However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.

I was in national construction for 5+ years I'm not afraid of a small contractor who's ripping you guys off 

Leverage & Portfolio GrowthInvesting in a solid multi-unit property allows you to leverage your capital into an appreciating asset that generates cash flow.