He never meant to buy, his business is the sell your contract for a higher price.

Ahhhh ok i understood you to mean the increase was .001 of the property tax    And you meant an added  .001 tax on the  value of the home. 

@Hanna M. hmm.. that's interesting. what I meant to get it rent ready, is to patch up some holes on the wall or get the house painted between turnovers. 

In 2012 (and again in 2013 and 2014), the Committee was running out of time to spend bond dollars meant to support affordable housing.

What I meant, however, is that I’d be open to starting either way.

@Tushar P.My current business is near impossible to scale, and is meant only for a vehicle to get elsewhere.

My wife and I have one rental property in Baltimore, MD, which we only decided to rent out because we bought in 2006 at the height of the bubble and we needed to move, and selling would have meant taking a substantial loss.

I bought at a young age, "house-hacked" before I even knew what that meant!

On your #1, my reading of the example is that the "intent and expectation" language is meant to emphasize that the developer does not intend to depreciate the building but rather to sell it as inventory to the QOF.

That meant that the property had to cash flow long-term.