I sold them a just under 1 million dollar timber tract.. you get a letter from an Attorney you open it.. 

And It’s easiest for me to express it as a formula: LIHTC + (QCT*QOZ) + QOFwhere…LIHTC: An Affordable Housing Project Financed with Low Income Housing Tax Credits QCT: The Property is Located Within a Qualified Census TractQOZ: The Property is located within a Qualified Opportunity ZoneQOF: The Ownership entity is registered as a Qualified Opportunity FundThe basic idea is to combine the opportunity zone tax benefits with the 30% boost in eligible basis that LIHTC deals get in qualified Census tracts.

Great for cash flow- Subdivides - Buying large tracts often times 10+ acres and subdiving them into smaller parcels.

Myself.I bought a little 4 acre tract in Sonoma county in the mid 90s for 25k  just held it would not perk so not buildable.. well town grew around me .. brought me into the city up zoned me to multi family and we sold it for 2 million..  

Huge class A retail, large new tract communities and great revitalization of an area no one would even want to drive through a decade ago. 

If you have a farming area, where there are 20/40/60+  acre tracts (size does matter) where that size supports an agricultural business, then most likely it will be deemed "ag" and as a commercial loan exempt from the Act.

Income brackets and caps change from one year to another so you may need to check your income tract. 

IDK, if the Median HH Income for your Census tract is $47K I would think if you make extra money you should pay down debt, save, or invest.I get guys in their mid-20 to early 30s bragging basically they can afford a $1500/mo apartment because they make $32/hr.