Clearly this structure has been discussed amongst prospective partners since "Mike the builder" has instructed the parties how the purchase agreement should be papered.  

Like the emphasis on selecting efficient investments because of their economic prospects not because of their potential tax benefits.

For instance today I analyzed a prospective deal that is a 3 unit.

By utilizing one provider for both services, both can be aligned, customized to your portfolio’s needs which should achieve a better outcome overall.Real estate investing can be very complex and navigating taxes, compliance and insurance can be overwhelming and complex, deterring some people from expanding their portfolio or from investing at all.

I work as an acquisitions associate with BPG Holdings, a local real estate investment fund in Alexandria, and also work as a realtor for our fund's brokerage team, assisting clients with investment properties in the D.C. metro area.I've recently created a series of reports focused on the city of Alexandria and its sub-market development prospects, which I believe alongside other macro trends will make the city an amazing buy-and-hold investment for real estate investors.

So if recent results in multifamily spook a prospect offer them farmland complete with a cattle brand.

Ever hear of Prospect Theory? 

And that also deters any big time trackbuilders to come out there to build these cabins in bulk.  

Also, are they closing on the spot or just prospecting?

I would never want to deter anybody from an area such as that in the Smokeys.