Prior, most syndications were structured as a Tenant In Common (TIC) structure for the 1031 exchange investor.As a result, many of the active DST players are either reinvented from the ashes of that crisis, or entirely new.There are some inherent (unanimous voting by all members to make any decisions) reasons why the TIC was replaced by DSTs, but I’ll save you the history lesson.The most useful lesson coming out of the last recession (and I share your perspective on the cyclical pattern coming around the corner ahead) is how different asset classes faired.You can get that data from public filings from REITs, who have to report far more data and intel than OTC private placement investments.Fast forward to the COVID crisis.

Then, if you want to invest internationally, you might want to avoid trying to reinvent the well.

Avery Carl always says you don't have to reinvent the wheel here.

@Steve KI’d also appreciate taking a look at your spreadsheet…trying to do something similar and don’t need to reinvent the wheel.  

Why reinvent the wheel?

Its amazing to me how many rookie investors want to reinvent the wheel.

not worth it. no builder builds this way for a reason don't be the guy who tries to reinvent the wheel. we can deliver new homes in 4 months in columbus.

This, notwithstanding all the other issues that have been mentioned.Being innovative and a trailblazer is great but it has to make sense, because trying to reinvent the wheel is often the thing not to do.

Initially, I blamed myself but then I decided to reinvent my approach entirely.

It’s already being done so I’m not trying to reinvent the wheel, just find someone that has experience with that type of umbrella policy and liability insuranceOriginally posted by @John Underwood:I have seriously thought about adding an option to rent a golf cart.I get numerous questions about whether I rent my boat or where they can rent one.If I do the boat rental I would go through a 3rd party company that covers the insurance.Then I could.get a nicer, newer boat and have it paid for.