The DST I purchased with Allegiancy (Alorica DST in Ft Worth, TX) did not do good due diligence (in my opinion) regarding the structural quality of the buildings they purchased for this DST in 2022. 

For clients who purchase fixer-uppers, we can renovate the property to their exact specifications.

Purchase price: $7,800,000 124 unit Garden Style apartment community located near Oklahoma State University in Stillwater, OK.

Then you'll have to figure out how you fund the project (land purchase + build costs).

The 1031 must be a sale of investment property followed by the purchase of investment property. 

-Do you have a property manager that you turn the home over to after purchase and they take care of everything?  

Alternative route I chose, I will leverage my duplex (purchased 4 years ago) equity through house hacking to have skin in the game on next flip.

You need to look at it from the property owner's angle, and reverse engineer the problems & objections that are going to arise, such as:1.

I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

A common misconception is that you have to put down 20% of the purchase price.