I think the TIC is better suited for a few wealthy people who want to co-own. 

Even the wealthy. 

The tenants (and potential buyers) are wealthy folks but get their income from abroad and wish to stay and raise their 3 children (7-10-15 year-old)  in the US in a top school district.

it's Winter of 1957  , when my grandpa told my mom, hey you should grab as much land as possible to make yourself wealthy...

BTW, there are plenty wealthy and famous people who decided that the quicker path was the easiest, until they got caught.

Mind you, I'm referring to folks who are truly wealthy and generally got their money from outside of real estate.

Very few people get wealthy by cheating.

Keep in mind very wealthy individuals today are happy to earn 5% on discretionary capital when there is reduced risk.

Might get it in older areas, tougher areas, but I think that will bump up all your costs like legal, insurance, vacancy, and CapEx....so it's a balance.Who knows where the best place to put your money for long term wealth, but I don't ever think I have ever heard about, read about, or met someone who got super wealthy buying BBB+ bonds with 5% interest....what is average bond return over past 10 years?   

I find a huge % of people have some level of interest, huge like 80%, because it's interesting, popularly known, and come on it's wealth building, who doesn't have an interest in being wealthy right.