Additionally, the forth coming destress has yet to peak.

I would suggest you talk with a few accountants you can trust.

The last sections of Pasadena where you used to get "cheaper" homes at North West Pasadena (between Washington and Woodbury and Fairoaks and Lincoln) were homes used to be under $700k are now going for $900k as fixers and over a million when renovated or addition of sq ft!!

Additional costs can be applied in other scenarios but out of gate cash flow for me is based on PITI versus monthly Gross & Net. 

My 1031 proceeds are half equity and half debt and I can not fund the debt component with any additional personal funds.  

Additionally, consider the long-term prospects and market demand in your area to ensure the investment aligns with your financial goals and risk tolerance.

You have LLC fees, additional tax filings to have it be a pass through entity and all for what?

I would suggest you iSping WGB32B

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receive quarterly reports on investment, file taxes annually and exchange DST year 7-10 years (sometimes shorter depending on the market).

Ha, yeah that had always been my concern but some of the suggestions on here seem valid about strict rules and regulations on the leases, and I would be providing housing at 20% to 30% cheaper than anyone else could find of they wanted a studio to themselves.