After the crash, many were lured into this asset class, perhaps as a function of trying to chase after REO and found themselves hearing this "NPN" mentioned over and over.

I would say that 4/2.1 would be ideal.6.Modern features such as a functional 2-person master bath, social kitchen, attached 2+ car garage, central heat and/or AC, non-gold features, etc.7.Clean, decent, functional yard (low cost of upkeep, so no pool and probably no water feature)8.B neighborhood or better, and on a decent or better street.9.Attractive curb appeal.

- Allow for up to 90-95 CLTV when combined with a seller 2nd.

Note: it is not a lease option.Could I use a standard purchase contract and a standard lease together to perform the same function?

I am contributing to a 401K, as is my wife, to the tune of about 40K combined.

By the time you will pass along your homes to your kids they will be functionally obsolescent junk in most cases.

I think you've got the two statutes combined in a way that won't work unless there's some more info.

They don't know much about the asset class, the market, or how the DST world functions!

We are of the mind (70%) to just pay the taxes and have $$ in the bank to help our kids or travel, etc. and avoid worrying about a dysfunctional HOA or a non-functioning toilet. 

However I did want to make sure that you were aware of the section 121 exclusion, which states that so long as you have lived in your primary residence for a combined total of at least 2 years of the last 5 years prior to selling it that you can make up to $250,000 profit tax free as a single individual or up to $500,000 profit tax free as a married couple under this exclusion.