If your goal is to grow your LLC, consider arranging all of your properties under an agreement with your LLC to manage them & take all of the legal steps to ensure that the structure is correct. this may involve creating LLCs in the state(s) your LTRs are in to own the property and your PM LLC managing those properties, so that you don't have a concentration of all of your portfolio in one entity.

Hello I'm hoping to get some insight on if this deal structure makes sense.

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

The political structure is a mess and perhaps we need a new constitutional convention to reorient ourselves.

Link below, there is no pwd on the file but the structure is protected :https://drive.google.com/open?

Some of the small companies may also have better architects who have more favorable rate structures. 

If you end up paying a preferred rate that is too high, your preferred equity investors will be very happy but your common equity investors could not only lose out on returns but even lose principal because most preferred equity deals have the preferred equity investors receiving all their return on capital and all their return of capital before the common equity investors get anything.I have done deals where all the investors were structured as preferred equity with a specific stated return and no upside beyond that return. 

Without that it will be a tough task to accomplish unless you work out some custom structure or bring the GC on the loan with you so you can leverage their direct experience.

I’d also ask how it’s structured - typically they are tiered (5/4/3/2/1) but I’ve seen some flat prepays as well, meaning the % of the penalty doesn’t decline during the prepay period.  

If you're still worried about being traced, consult with an attorney about structuring your LLC or using a registered agent for added privacy.Let me know if you need help with financing or have more questions!