I've seen several comments regarding the substantial improvement requirement of opportunity zone real estate, but they don't seem to match with how the law is written, at least as I am interpreting it.

Is that a correct interpretation?

I interpret the neighborhood rent is actually $900-1050 not the other way around.

One would also argue the term is too vague to be properly interpreted in a legal sense.

This is how I interpreted it. 

According to how I interpret these bylaws is they need 67% approval of the homeowners and 51% of the banks to expand to the community and to deny future use of a common element.  

(See, for example, RCW 61.34.120, which is full of convoluted language that may be subject to various interpretation.) 

@Russell Brazil That’s interesting law there, if I interpreted that correctly.How about an example where, after inspection, the buyers communicates:“We have found additional blah blah blah, if the seller is willing to reduce the price by $5k we will continue with the contract.  

All parties right now sort of have me running in circles with no answers and interpreting on my own, hah.

Based on my interpretation of the description, It appears that the property is divided by percent between the two entities.