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.

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. 

yes it was syndicated out.  38 total investors helped us digest this one. 

I think the fact the seller can take time to digest it without the pressure of me being in the house makes perfect sense.

Oh, I use a simple spread sheet to tract responses. 

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. 

Reading and digesting the PPM... that will show the real story.

Let them think and digest about it as there may be other obvious factors they may be dealing with.

Everyone is preaching about how much money it takes but from what I've read, listened to from the BP podcasts, YouTube channels, and my own way of planning via digesting all sorts of information the only real money you need is for EMD and to pay an attorney to help you with your contracts.