If it is cheaper to own, you may want to buy and even if you sell in 2 years (assuming the development is finished on time), you may still come out ahead in terms of selling the property vs paying someone else's mortgage.

The solution I outlined above is a cheaper, faster and more likely to result in achieving the outcome sought by OP. 

Leaning towards 30 year loan since 10 year only 0.25% cheaper.

They re-invested cheaper money to a productive economic that generates higher income.Now from Buffet and any other big time investors prefer to invest at cash position (CD).

Louisiana market is way cheaper than Milwaukee.

If you have taxable real estate income, then yes there will be tax benefits.

I supposed it's tricky because if you have the strategy plan and go to another CPA to implement it, it would be much cheaper. 

Since you're occupying it, this may not be the case.Your bigger challenge will be understanding and avoiding taxable events:1) with the IRS2) with your local Assessors Office.Be sure to look into these before doing anything.

I've been working with both platforms for several years now, and I'm happy to share my thoughts on which one I think is better.Price-wise, Xero is definitely much cheaper than QBO.

Things will not get cheaper.