Then after 2 years that fractional ownership is exchanged for shares/member units in the REIT (721 UPREIT portion)?

$100K In Cocaine, $65K Cash Seized Drug BustThis is what i saw when i looked up the tenants of the unit in a triplex i'm buying.

For reference Google "Title 28 U.S.C 2410"  which covers actions affecting property on which the United States has a lien3.

I would also consider expanding your wholesaling beyond single family residential and look towards multifamily 2 - 4 units or even 5 + units.  

There are some great opportunities out there but there are also some cautions you need to have, not everything has the occupancy and the high ADRs that we saw a couple of years ago, there are still some money-making machines but you need to invest in something that's not a commodity and make sure your investment really stands out from the competition, there are more units coming into the market in the next couple of years.

@Bryce Jamison - There are also other reasons you can disallow an ESA:1) The subject property has 1-4 units and one is owner-occupied.2)The rental is a single-family home rented out without the services of a realtor.

Meaning most our clients saw an overall 25% + spike in revenue after we started to manage their unit.

We have 5 SFH subto and 70 units multifamily on seller finance.

@Atlas Blake House Hack a multifamily that has value add potential whether cosmetic fixer and or adding units to it.   

I never had any of my own funds tied up in the house.You should make sure to ask an accountant if that rule changed with the recent tax changes in the United States.