If the accessory structure is already there, it should be 'grandfathered'.The reason that they might have this restriction for new construction is that they would like to promote owner-occupants as opposed to renters, but if the accessory structure is already there, the horse has already left the stable.Does that make sense?

My post has the goal to promote diversification, the only way to control risk. 

Shameless self promotion for Mark!

People redeeming funds can make things very problematic for the promoters.

Only partially.Some people also promote "monetized installment sales" as an alternative to 1031.

Cliff Stay on topic - we are already starting to get off topic.Ask your questions in the proper forum; each forum is targeted to certain topic categories.Don't violate the forum rules; they are posted:http://www.biggerpockets.com/forumrules.htmlhttp://www.biggerpockets.com/terms.htmlAmong those are: no phone numbers in posts, no email addresses in posts, no self promotional materials or links, no verbatim copying of copyrighted materials, no harvesting of member email addresses (via signature), no "avatar" that is promotional in nature (e.g. business logos forbidden as an avatar).

I am not selling anything or promoting anything.

I'm looking into M&T Bank as there are no upfront fees and currently running a HELoC promotion at I believe to be 1.99% that will last for 6 months (switching to variable thereafter). 

It is just a great site and I love to promote a good thing.

I think the way they promote the idea that RE investing should inevitably be quick and easy is doing a disservice to those genuinely trying to learn.