If you need more detail here it is:Benefits:A) Temporary deferral(possible reduction)of inclusion in gross income for capital gains reinvested in a Qualified Opportunity Fund (QO Fund)■ Held for 5 years - 10% of capital gain is avoided■ Held for 7 years - 15% of capital gain is avoidedB) Permanent exclusion of certain capital gains from the sale or exchange of an investment in the QO Fund.Example:A sells a property and realizes a gain of $1 million on Dec. 1, 2021.

Cheapest (but less permanent or visually appealing)1. 

In many cases and locales, to be considered a "home" they will need to be on permanent foundations.

Im happy that the breakout meetings are happening so there is a bit more one on one interaction. biggest tip I can give is look for those permanent name tag board members, ask them what they do and ask for an intro to someone who is doing what you want to do.

A permanent insurance policy WILL pay a death benefit some day.

Even if it was legal you run several risks.  1) You would permanently damage your reputation in an industry where reputation is vital to get deals.   2) You risk major tax implications related to large capital gains.  3) Comps are not solely based on on the units you want them to be based on.  4) Even if this hypothetical plan worked exactly as you laid out you would be extremely over leveraged and underwater on the other units as you pulled out falsely inflated equity. 

Are you looking for short term acquisition money or permanent financing? 

If the house did contain a drug-related fire would it be doomed permanently because I assumed that investors completely avoided houses that did have drugs in them.

If it sits on it's own land, but not on a permanent foundation, then find the value of the land through the normal real estate comps procedures, and find the value of the home's "blue book value" and add together.

Also, know that this is not necessarily a permanent decision.