Annually, the Management LLC would "distribute" to the Property LLCs, but it would all flow thru to your 1040 Schedule E - unless you get partners, which would require a 1065 return with K-1 distributions to the partners.

Quote from @Bubba McCants: I have the same technique as Drew: copy from others, customize to your business model and laws, refine as you go.I started with a two-pager that was built in the 80s and never updated.

Sometimes the workers are smarter than the ones distributing the work. :)

Any thoughts would be appreciated thanks  Please add me to your distribution list

You also have the problem of appreciated assets and then losing S Corp / revoking S Corp, and these assets are distributed to the shareholders at fair market value.

First goal: To create a rental portfolio of single and multifamily properties by utilizing creative financing techniques.

That doesn't mean Engelo doesn't use false scarcity as a sales technique.

Typically a DST sponsor will only distribute through an SEC-registered broker-dealer for compliance and regulatory reasons.  

It’s the pot of money that gets distributed to investors.

Also, rentals in S Corps are generally bad should you want to revoke S Corp election one day, the assets are distributed at fair market value and likely will have capital gain without cash.Alternatively, a multi-member LLC taxed as a partnership is considered a pass-through entity, and if your state allows SALT work-around / PTET on rental income, a partnership solves both issues.We recommend partnerships often for rentals especially STRs.