Some statistics on golf in the US: The number of core American golfers (those playing eight rounds or more per year) has fallen between three and 4.5 percent every year since 2006.Since 2007, the number of golf courses closing in America has significantly outnumbered the number of new course being built.This downward trend in American golf is even making its way to the professional level. 

Bonus question: what other deal structures could we have considered?

It gave me the added bonus of being able to actually make a living while I learned the ropes.

Not many people end up planning to make a 3 hour drive from hilton head to play a round of golf in greenville while on vacation.  

Underwriting a lot/teardown in Central Austin that as of 2008 has Corridor Mixed Use zoning allowing for 95% impervious, a three story build, and 40 feet in height.Reading further into the Ordinance - the development bonus for building Affordable Housing, which needs to equate to 25% of the development, is an additional 20 feet in height for a total build of 60 feet in height.This opportunity puts a much higher ceiling on the exit number with condos in the area selling at a median of $352/sq ft. 

If you have to punt on the 1031 exchange altogether,  there is an alternative strategy with the use of the bonus depreciation in the 2017 tax law.

I was thinking a $500 bonus would suffice?

Austin's suburbs are all the buzz, with Leander landing a massive entertainment hub and Round Rock earning a top spot among the fastest-growing cities.

@Dominick AndersonYou can always upgrade to annual anytime here biggerpockets.com/alreadyproYou'll still get the bonuses as long as you upgrade to a Pro annual subscription. 

Which direct mail service is best for Round Rock and Cedar Park area?