- convert new RE purchase to STR.  

Many, I would now assume, may eventually return to the state and offer Non-Admitted products.If you have any other questions, please feel free to reach out to usThank you so much @Aaron LetzeiserYour explanation makes sense  My only concern is still with regards to the terminology stating “Not authorized to do business in Ohio”.

I'm an Air Force vet and reservist that got my start investing in real estate part time and eventually swapped to full time!

But they have an escalation clause every year to eventually put them above market.

Could you share a bit about how you identified the builder you eventually decided to work with? 

I’m looking to turning this into a rental eventually.

I retired 10 years in and my wife 14 years into the journey. 85 % of my portfolio is 200 year old converted city row homes that are maintenance monsters and we still have enough cash flow to retire from our W-2.

.- The commitment letter says if I convert the leads given by the TL I would get a 50-50 split and if it was my lead through my COI/SOI while I was on the team, then it is a 80-20 split. - I had a few COI/SOI leads while being on this team who have not signed any papers with me or any one on the team as of yet and won't for the next 2-3 months.

This leads to state funded insurance which will be very costly because only those at highest risk will participate in it and if the losses continue, they eventually will need to get the money from someone (rest of people in california?) 

I am not sure what my next move is (stay with the DST and lose $ or move to the REIT and eventually have to pay cap gains tax if performance isn't good).