Business duo (lifelong friends) who through cryptocurrency and a medical malpractice suit find ourselves with a few million dollar liquid.

You can ask for documentation from a local qualified medical doctor to avoid online fly by night operations.

My houses are higher end and I expect those living there to have savings otherwise they are just a car breakdown or medical bill away from not prioritizing my rent.  

I know option money isn’t typically taxable until the option is exercised, but I want it to be taxable prior so I can 1031.

Also if you need to sell, I would be okay with breaking even on the property for a quick sale, however I would exercise every other option prior to going that route. 

and am toyingwith a thought exercise.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.  

If they exercise the option that goes toward the price of the building and if they do not exercise it you get to keep it. 

The commission shall adopt rules requiring an employing broker to ensure that a high level of supervision is exercised over such a broker during the two-year period."

We were seeing considerable returns renting to travel nurses and medical personnel.