We expect resistance.

But the project window is 5 years then you may end up being frustrated and impatient in an opportunistic market correction with time and desire but no money to start your own things with.I'd offer (and ready to be flamed :) that a shorter term DST would be a better investment for you. 

And I have made my fair share of whopper profits.. but these were at public auctions all cash.. not talking someone into selling their property for half or less of what it would bring if they just did a FSBO on craigs list.. ( if they are afraid of realtors)   flame on !! 

You have the opportunity to use your 1031 and keep that profit inside your control but still shape your portfolio to be more recession resistant.1.

YMMVI don't think people care very much about the source of the flames as long as there are flames.

I own my home so house hacking is not an option, but if the house hacking can be applied to a second home that would be an option, in that my wife need an office now.and yes, the rent increase may compensate the mortgage rate but there will be a rent control or cap, perhaps 4% a year which will take a very long time to get to the massive amounts of equity and cash flow, and how I manage/jconvince/retain the resistance from tenants who definitely won't like the rent increase?

Resistance is futile.

I am just saying you're going to find it difficult and sometimes it is best to take the path of least resistance.

Invest where you have connections first - it will provide a path of least resistance and build a business that you can duplicate to a different market when you are ready. 2.

Our mid/long-term growth prospects are promising and our stable and recession-resistant market dynamics make it a great please to deploy capital!