When that happens you will only lose part of your cash flow rather than all of it if you have multiple DSTS vs one larger one.

Your real estate happens to be a % of the larger piece. 

Have you ever had a property literally fall into your lap too good to be true??.

Have you ever taken out a loan to afford the down payment for a mortgage and do you know of any lenders that offer that?

One of the larger ex-pat directed real estate investment communities here in Japan targets all-cash buyers. 

A freak.Those who own larger commercial deals, I would venture to say 1% or less maybe?

Also, I was thinking about it and I think if you were going to make shared amenities (like fire pit) you probably would be very successful doing that strategy I mentioned for larger listings.For big dates I would have one listing that is both the primary and ADU that sleeps 12+, or whatever the number is, and then you can have the ADU and primary again as separate listings for the rest of time. 

You do a 1031 to a new, larger property with even more depreciation.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

Had I scaled up in 2002 after buying my first multifamily, I'd have had a much larger multifamily portfolio during the great financial collapse and I probably wouldn't have survived it.