I love the concept especially given the need in your market for storing things like snow machines, boats, rvs etc, but also for repair or general "fab shops".As long as you are seeing the demand in your specific market for these spaces, and perhaps its worth getting some leases signed up prior to breaking ground but thats a personal preference thing, I think the numbers look promising if the use case is there.

New concept to me--What does the timeline look like on a reverse 1031 exchange?

Problem: Not having a mentor - piggybacking on the concept of an accountability partner, most people underestimate the value of a mentor.

All of these are legitimate tax concepts.

I have talked to a few Hedge fund managers who like the concept of the Sub to, makes their product more investment worthy to not have a bunch of non preforming loans to report.

But I have never seen a situation were the concept delivery and accompany contracts and paper work was as Poor as this or non existent in many cases. 

Whether Teak or Southern Pine, the above items or concepts will need to be applied to determine the value of your property or purchase price.

I love the concept. 

It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1. 

Most assignors in my area of Texas have virtually no concept of the real costs associated with an investment, including acquisition, hold, remodel and sale costs.