Oil and gas royalties - a little know acceptable 1031 replacement opportunity. 

I believe Dauphin Island also suffers from the eyesore of all the offshore oil rigs that are visible. 

Yeah there was a decline in people dur to Corona Virus crashing the Oil prices.

I am currently up here working in the oil industry and want to make the most of my time while I'm out here.

It has won innovation awards and also doesn't get clogged by minerals.

The Texas LLC receives royalties from Texas oil wells.

Getting to the point of having a well oiled machine is the goal and very admirable in my book.

I can't tell you how many times I've gone to the property and it is gone, or you figure out something is wrong, maybe the legal description, or the address, or there is $100,000 worth of junk there you need to haul off that was not in the pictures, or that cool commercial building, that when you get there has the faint words that you can now make out to be a former dry cleaner, or gas stations, or lead smelter, or oil change shop or something like that. 

An oil tank leak could be prohibitively expensive and possibly not covered all under insurance.Gino

haha ... in many Asian cultures generational wealth is the default, not the exception, the elder generation passes them housing, a vacation home, a business, a company, mineral rights, and sometimes a political position as well lol it is a way to continue family (and dynasty) legacy so you (as an elder generation) would be remembered  by the community.