This status is useful if you have long term rentals.

This is one step in a long journey, and I'm glad to have found a community that is as passionate as you all are!

I also want to hear from those of you who have transitioned out of a full time job by doing out of state investments/creative finance - how long did it take you to transition out?

Pretty common, you can definitely use commission as down payment conventional loans and not have it count toward IPC as long as you're on the loan. 

Both long and mtr.

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).

Fast Turnaround: Unlike long-term rentals, you can cash out quickly and reinvest.

Property Tax Savings: Tribal land held in trust is generally exempt from state property taxes, especially if the land remains tribally owned or leased under long-term agreements.2.

(Not that I've known what that feels like for a long time...) 

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.