The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

This approach ensures that we have the ability to appropriately maintain a community, ensuring its long-term viability.

Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal.

To ensure my replacement property value is at least $600k, I was considering putting the remaining $100k into a DST.

I’m excited to make this opportunity a reality but want to ensure that I bring the right partner on board to make it a win-win situation.Looking forward to hearing your thoughts and thank you in advance!

Are there specific steps or systems you follow to ensure it’s done correctly?

It ensures the community is full of active LP investors, not just anyone. 

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

The best way to solve this situation now would be by ensuring you've presented the units in the most attractive way possible.

They’ll check if your property, zoned R5, allows a curb cut and ensure it meets zoning regulations.