QBO's reports are also super duper customizable.And, the 3rd major benefit of QBO is its ability to integrate with other platforms more seamlessly than REI-specific software.I promise I don't work for Intuit haha.

We implemented a similar program and called it an 'Owners Benefits Package,' but it didn’t go over well, so we eventually phased it out.

These investors are accelerating their depreciation to get the tax benefits.

The real benefits are that you'll learn a lot, grow your network and meet a ton of subcontractors (this is CRITICAL if you want to be a GC), learn the construction process, and (like Bruce said) if the GC likes/trusts you they'll probably sign off on the experience even if you're still a year or two short.

There can be some great tax benefits with this strategy.

In some states there may be some benefit, but personally I have not seen a reason why a land trust was ever needed. 

You should consider whether the potential property value increase or other benefits outweigh this loss. 

Rates right now aren't great so you won't benefit much from a refi but Sam can take a look and possibly suggest changes to make so that when rates do come down you are in a position for refi

Try to see the big picture when getting started - maybe seeking private / hard money to get in to the deals where there is more profit potential could benefit you.

However, the more I learn, the more I think on how to capitalize on the benefits from the deal