- **Income Stream**: Discuss how seller financing can provide him with a steady income stream while still retaining ownership of the property until the loan is paid off

That seems like a huge headache, managing an STR from out of state and meeting the material participation hours from OOS.

Retain some of the funds as a reserve. 

Yes, there is an argument made that they have to disclose anything material, but that is subjective.With that said, a red flag that came up recently for me when investing out of state was when I was in escrow on a property that was purchased just a few months prior.

We allow our potential 1031 DST investors to review all the material of the properties, as well as have as many calls with our Inland reps until they feel comfortable with the DST portfolios, as well as Inland as a company.

, Would the seller consider keeping a partial equity position and retain prop management duties?

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.

@Nicole CotrinoKey factors: Do you materially participate in managing the property?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

If there's a material issue with the property, it's not going away if you cancel your agreement, they'll have to deal with it for the next buyer, too.