Make sure your wife agrees with this plan, though.

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

•Contractors (especially if you plan to add value).

My Plan Is to give a note for the $200,00 due in 12 months 0% interest.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head

According to him, some of the DST operators/brokers work together to sell off DST assets much sooner than planned.

Im only thinking about doing this because I think he wants at least 400k.Does that sound like a smart plan?

Do you plan on renting out your current house or house hacking it? 

Its the exact opposite of what they want in their zoning plans. 

The first one that comes to mind is do you plan to keep working while building your real estate empire?  

And it depends on what you do next - rebuild or sell as is or some other plan.