In any event, that would mean I’d owe the IRS approximately $6k on each tract of land that I sold?

If so, I know credco for us sends someone to our office to make sure we are compliant.When we boarded on the IM side it was intense but I actually am glad to go through that process, it means they are serious about compliance.

We all do the same thing, we just call ourselves different names and carry similar but different licenses:- CPA - Certified Public Accountant- EA - Enrolled Agent - Accountant - Tax advisor - Tax strategist- Tax consultant - Tax plannerIt all means basically the same.

Only other wild card is if they destroy the house on the way out.

In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.  

It does not mean that they are not legit, but it is a concern. 

I'd highly suggest getting to some local meetup groups in MKE:  https://www.biggerpockets.com/forums/521-real-estate-events-...When you say you are considering alternative financing options, what does that mean?

You have 3 months (potentially) to get it all sorted which should be pretty easy.If someone is selling a STR, that doesn't mean there are issues.

I talked with Chris Sadler at Reva and to stay in theDST will mean no payments at all because the money will go to reserves for a unknown future.And to sell DST will only bring about a little more than 50 cents on the dollar. 

I thoroughly understand what you mean.