I see that you did not receive any replies from anybody.

Obviously that typically comes with distress, but any distressed sale is similar.

How do you receive payment?

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receive quarterly reports on investment, file taxes annually and exchange DST year 7-10 years (sometimes shorter depending on the market).

Many are lucky to make 5k to 10k per deal, and that's usually a decent amount below what a typical agent commisison would be, plus usually the buyers are paying all the closing costs. 

We've gone through the Site Plan Approval process with the City, have officially split the lot into three parcels, and are expecting to receive our building permits this week (yay!).

This could also be a smart short-term rental strategy since golf courses are typically situated in well-established neighborhoods with easy access to other amenities.

However I'm receiving mixed reviews on it, which is why I'm hoping to get more insight on BP.

When paying 6-8% in closing costs real estate will not be profitable after the first year and is typically not profitable for the first five years.

However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list.