This is how they ensure the work is completed and the project is staying on budget.The questions you should be asking are what is the draw process.

And once I finish the due diligence, my work is done: it's completely passive.

A STR is a completely different animal in my opinion, in that it requires more work and much more compromise, but financially is worth the effort. 

What in the world would have happened if both completely opposing measures passed??

Admittedly, I am not one that typically finds paid mentorship very valuable, but I also respect that my degree is in business with a focus on real estate, and my first job out of college was in real estate (so it is a little hard for me to take my 20 yrs of knowledge and rewind it to try to view mentors from a completely fresh lens).A couple points: I view mentors, especially these expensive ones as a catch-22. 

Hello Michael,I echo Jon, completing a 1031 of a single rental into DSTs in straightforward however we typically recommend a portfolio of DSTs for diversification and financial objective purposes.

We complete renovated and turned into a successful operation with a current 11% rate cap. 

On a different journey I completed AJ Osbornes self storage program and thought it was very useful.

If you go with the partnership route1) You need to manage the money going in and out of the business bank account.2) File a partnership return and be responsible for issuing K-1's3) make distributions to you and your partner for cash flow that you receiveYou will likely spend many hours on a nice gesture.I may want to consider instead to give a christmas gift or a bonus for early completion of projects.

Now, moving forward he offered for us to take it over completely.