Because, WHEN this seller declares bankruptcy, be it 3 years, 5 years, or 7 years down the road, you can bet this note will be called.

Also not mentioned but worth noting.

Thank you for saving me from some unnecessary headaches.On that note, can anyone recommend/endorse a reputable educator with experience in wholesaling?

On another note, a $540 cleaning in charlotte is totally normal for that size home.

Note you must be an accredited investor to participate.A con that turn some people off DSTs is they come with higher fees than out right owning a stable, low maintenance property; however based off what you described DST fees are far below what you are currently paying. 

We can close on $50,000 to $50M (note a company doing multimillion dollar deals is not doing $50k deals)

As a side note, those students just closed on 300 units and are in contract negotiations for another 300+ unit deal as we speak. 

As others correctly noted, as a landlord you must look at the big picture and if this happens to be a good tenant who has occupied the unit for a while, has a history of timely payments and has expressed interest in remaining at the property the value in an extension (assuming that is advantageous to you as the landlord) should be placed above your desire to collect rent in a certain method if this particularly tenant has strong desires to make their payments in a different manner....especially if the lease they signed allowed a different payment method.

Or, as Greg noted, the co-GP who raises money to be a part of the deal.  

We all wait with bated breath for the extensive thank you note they will write on their way out.