There are examples of DSTs that included an exit into a REIT that DID NOT ALLOW the investor to do a 1031 exchange.

Risk Management and Exit Strategies - What are the main risks you consider when analyzing raw land for tract home development?

It's lower leverage, higher pricing requiring a solid exit and good credentials. 

Each deal is unique and may require a different exit strategy than another. 5-10 properties for 2025!

Personally I think it should be a legal requirement for the reasons detailed above, showing comprehension for the legal contract there entering by proving consideration and thought has been made for potential exit and dissolution of said contract. 

Asking for a friend: Has a non-conforming basement, zoning really. 2 exits, 3 br, nice apartment.

How do I exit this Groundhog Day-like endless loop?

Make sure to have a solid plan for the rehab and your exit strategy to make the deal more appealing!

Well I moved to Oregon last year and just started networking with a few Realtors in the area learning which Counties are developing and looking for mixed use and small multifam opportunities.I'll be listing a ranchette in Santa Maria, CA in Jan 2025 before I make my final exit from CA!

If there is currently ceramic on the exiting floor, either remove it or scuff it up with a grinder to provide some 'tooth' for the compound to adhere to.These steps take a bit more effort, but the end result will look better and last WAY longer.Good luck!