There are a lot of requirements towards the qualified opportunity zone of which you didn't mention the three most difficult parts1) The funding of a qualified opportunity zone needs to be through capital gains.2) There has to be an entity structure of which there is more than 1 owner3) You have to materially rehab the propertyTalk to an accountant to make sure you have all the requirements met.

Thanks Jasper for the information, yes, I'm interested in meeting Canadians here, whether they're investing in the US or in Canada, a lot of common interests on many fronts, taxes, that you mentioned is a big one of course.

As others have mentioned, you can pay that line of credit down/off when needed too. 

For the reason you mention that is why I asked. 

Boots on the ground exposure, as David Krulac mentioned. 2.

:@Alex Capozzolo@Troy Sheets does new construction I know others but they’re not on this siteThanks for the mention Mayer! 

As Don mentioned you might have several REI strategies. 

The other counties mention above have there same issues too, but as whole you can find great and safe investsments anywhere if you do your own due diligence.  

Contractors often run over time, and having a contingency plan in place both financially and logistically, could help you avoid a major dip in profits.Second, screening contractors more rigorously or, as you mentioned, running as owner/builder to control subs directly can help you keep costs and timelines in check.

Hi Giman, I think your approach is solid if your current property's equity allows for a for a full cash purchase.