@Account Closed would you have updates now that its been 7 months, what's your experience of being in Pace's program?

Definitely a question for a tax attorney/accountant, especially with the dollar amounts involved. 

As for holding periods, some lenders may require you to occupy the property for a short time before converting it to a rental (typically 6-12 months), so check the fine print on that.If you’re set on making it an investment property, you may need to work with a lender who specializes in investment properties, even if it means a slightly higher rate.

I also asked if there was accounting I could see that shows my share of the equity as a whole?

If you contractor has a question about what tile is installed where, just check the design boards.

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

Quote from @Adriana Medina: I told the prospective tenant I was going to complete a background check and she said it should be clean. 

I did check county records for the land value."2.

I did discuss with my accountant and he is unsure as he is not familiar with IRA rollover process. 

Yes to avoid taxes and penalties (under 59.5) the money would need to stay in the retirement account.