Quote from @Simon Ashbaugh: Great plan!

If you can get comfortable with the team and can rely on them, this could save you headaches and costs over the long term.

Definitely recommend doing a thorough background check on potential tenants, it can save you a lot of headaches down the line.

The DST is seen as a estate planning tool.

So in your example, if I’m trying to keep it but allow me time to save up for the eventual down payment, I could provide 1) an upfront down payment (a percentage) and then what would be an example of how the deal is structured for the time that I’m “leasing” the property?

Or as plan B, can I change the current lease to a month to month lease? 

There are 4 other key aspects to consider when analyzing deals and they are - tax savings, principal paydown/equity building, appreciation, and inflation hedging. 

Then, I save this as a non-fillable PDF that can be sent to our borrowers or to escrow.It takes time to format to make sure everything looks professional.

The whole thing cost me about $2,000, but thankfully my guy could get to it stat - he saved me $2700, and someone's vacation!

The plan is to short term rent some rooms, or mid-term, and live in the primary until its doing so well I have to move out and refocus on a previous renovation that has stopped until this one is complete.