Not in the last 10 years or so.While old callers rely on the phone call to unknowingly force their leads down a sales funnel they had no clue they were in in the first place, creating demand through content creation and other inbound marketing methods effectively qualifies all of your prospects for the eventual phone call.

(gift shop/coffee shop/etc)Is the creation of an LLC more beneficial to start now, or can we wait? 

Your project is a new development just like any other builder and is the creation of inventory for sale, meaning you will have a hard time defending that your intent was to hold these units as an investment.

Are you looking for cash flow or wealth creation?

The successful focus on creation, and they typically work much harder than the Average Joes.

Only psychics know exactly when the exact best time to buy and sell is, and so for the rest of us who aren’t psychic it’s a pointless guessing game.

QOF entity creation process – My understanding is we create LLC partnership and bank account and transfer money.

That would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.Renting is just throwing away money ton pay down someone else's mortgage.

QOF entity creation process – Myunderstanding is we create LLC partnership and bank account andtransfer money.

@Tony KimI agree with San bernadino being further away but Inland Empire is booming with their own job creation and rental yields.