Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.

Since you're not pursuing a real estate license, consider wholesaling to gain deal experience or help manage local properties to learn the day-to-day operations.

If you ever have questions about any of it, I'd be glad to share what insight I've gained by trying to navigate the process.

In retrospect I would have spelled out the construction process more clearly in writing ahead of time.In your case the existing tenant is getting no new value so there is nothing for them to gain with this project.

I think if you really want to gain exposure, start with lending or title work.

But, since you only lived in it for a year, you will have to pay capital gains. 

Worth its weight in gold.

Pro: Being an active agent helps you keep learning, gaining experience, and also staying motivated.

Now that I am retired, I am eager to: 1) Gain hands-on experience in flipping homes in Florida, 2) Find properties with potential for value-add/forced appreciation, 3) Partner with experienced home flippers for collaborative projects.

I am currently living in this flip to avoid capital gains and I'm looking for my next property to rent or sell.