I thought I'd tell a very small piece of my story:Last year, I had got a call from someone on Craigslist. They were going to lose their home to tax foreclosure and wanted sell it fast.
He wanted $1 for the property. ...

DSTS also may have many of the expenses of ownership of the property as opposed to NNN where the tenant is responsible for all taxes maintenance and insurance.One big key factor is that both NNN and DST properties qualify for 1031 treatment. 

Worst case scenario, your funeral and interment is handled by a director with very unsavory personal ethics and kinks.Reflect on that for a bit and see if it helps you put your analysis paralysis in perspective.

Weasel clauses OR do the ethical thing and close?

California also has special fees that apply to out of state LLC's, and I don't understand whether the tax treatment of these entities are different.Would appreciate any advice, as well as a reference for a lawyer to advise and help create protections offered by different entities (Series LLC vs Delaware Statutory Trust for example) and a CPA to help advise on the costs/benefits of using those same types of entities.

If you have a good agent/broker in my opinion let them handle the code of ethics while you just make as much money as possible.I don’t want to do both but I was an agent prior to investor so I’m already here. 

One thing about that though is you are committed both legally and ethically to using that agent if they are sending you properties.

Your current realtor is not ethical based on what you've said.

Can I legally/ethically do this?

It was pointed out to me that if I gave one tenant "special treatment," such as a payment plan for their deposit, it could be construed as discrimination against tenants who were not given the same opportunity.