Hi David,(1) I don't have much to invest ($280-$350k) and would want to diversify across different properties anyway (some DSTs are diversified, and I can probably pick up three different DSTs with my proceeds);(2) no direct participation in managing properties (tired of it);(3) illiquidity is not an issue (looking for a 7-10 or longer horizon, will need some cash 8-20 years down the road to fund the kids' college);(4) prefer paper investments in general, would be able to hedge declines in the real estate market with financial instruments (have a Ph.D. in finance and a CFA designation, but a newbie to RE exchanges).

Savannah is a strong market with a bright future and surprisingly, still affordable.

For the purposes of rental property management, a "broker's license" is required in the state of Tennessee.Question: Is a "broker affiliate" (or "...Associate" I think is the term in other states) license the same as ...

If you are not willing to spend time on the island, put in sweat equity, then PR is not the best place for an RE investor. 

After talking to my RE agent he recommended a company they use.  

It’s a worthwhile investment to safeguard both your assets and your financial future. 

If you plan to expand your portfolio, starting with a 4-plex might provide a stronger foundation for future investments.It's also worth consulting with a local real estate agent or financial advisor who specializes in investment properties to get personalized advice based on your financial situation and market conditions.Best of luck with your investment!

Any outlook on the future of that area?

Thank you for taking the time to write this Kenny.

If I sign one of these contracts to get the rehab done and then rent my place out, does that cancel the contract or will I be stuck paying for electricity for a year even after my future tenant moves in?