Consider the cash flow timing - you'll recognize that gain in 2026, and unless the QOF does a cash out refi in the next few years, you'll likely need to source the cash to pay that gain from another source. 

There's my argument -- but I want to be proven wrong.

It has proven to be more difficult to set up than expected mainly because of having to use a third party company for a physical business address1.

@Renee JonesSounds like you need hard moneyA hard money lender could fund this but recognize they won’t pay a contractor upfront they will only pay when portions of the work are completed.

While we would like to cashflow at some point, we recognize that is likely downstream.

You just have to know how to recognize it.

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

@Jay Hinrichs has stated that there may be some of (1) high risk involved also, that has not been recognized by those victimized.  

I have a google voice and certain sites recognize my voice number and wont allow me to use it.....so Zillow might be one

Obviously the husband recognizes that the other two are not financially dependable .Fortunately they never put together four complete applications.