Include some outdoor games (cornhole, foursquare).

Honestly, it seems like you’ve got more skin in the game than I do since I’m just getting started as a bird dog, but I really admire your approach.I think your focus on tax-efficient strategies and building a reliable team is spot on.

It seems clear that it is in lieu of a 1031 since UPREITs are under sec 721 so the two don't mix.

I’m an investor and student of the game when it comes to building passive income and a solid portfolio.

I am new to the game with 1 property leased to section 8 under my belt and was about to buy another.

I'm located two hours west of Indy.

I want to have a game plan in action prior to reaching out to lenders. 

Agree 100% especially if they don't have capital and a capital sponsor wants 75% or more - something better than nothing especially when you don't have skin in the game 

We've been doing this for over 20 years and have helped friends, families and tenants get into the game in whatever capacity they need.

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.