You buy in your own name, get financing, once complete move to the DST.Overall, if I was to start over I would use Royal Legal again to build by DST.

If you no longer qualify for a loan you should sell and move.

Purchase price: $475,000 Duplex, move in ready, one side had a renter.

Paul,    I started with house hacking and moved into buying a new SFH every two years with the eventual goal of buying a piece of real estate each year.

Purchase price: $770,000 Cash invested: $300,000 First house hacked for 2 years then moved out and converted to mid-term rental.

They will never be able to move all of this to their new address, and their damage deposit will never cover having to clean the place out. 

Many of us in Illinois hear quite a bit about how easily you can get sued as a landlord related to security deposit handling, thus many shifting to a non-refundable move in fee instead. 

I would say the key to buying tax defaulted parcels is really having a trained eye in looking for development constraints. 

Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.

Is anyone else experiencing this issue and has anyone found a good way to move these issues forward?