The issue I have seen with these types of properties is they could have two valuations - the value of the real estate which the structures will have little value and you have the land the other is as an operating business just like a bed and breakfast would have - real estate has value but it operates a business now you mention 12k / month but if someone also has to manage the property what is that worth and what would someone pay to manage a property like this?

I would like investment advice on how to help a person, grow and develop her vision of redeveloping old structures in the Milwaukee Metro Area.

I partner with investors in this way and would love to talk you through how I structure that type of deal.

Pouring concrete pad for our caretakers house.  40x 40 structure.  

Take depreciation on the structures if I don't own them?

@Reeti PeshawariaIf it's a desirable place to be you can STR within structure of the current rules.

So, you have your choices of closed ended or open ended structures. 

While it’s certainly possible, the reality is nuanced and depends heavily on how you structure your investments, manage your properties, and account for the inevitable costs of ownership.1.

That is how I have structured it so that I don’t have a ton of my own money into the deals.

The Deferred Sales Trust are typically structured for 10 years and then can be renewed for 10 years...every 10 years.