I have yet to develop that skill.

I took a look at the property with a friend of mine who has a lot of experience in flipping and developing properties.

Can anyone suggest a good bank for a development loan?

From my opinion, the pros and cons of each areOpportunity Zone FundPro:I can pull out cost basisAfter 10 years capital gains tax is reduced 15%Capital gains of the investment are zero after 10 yearsOnce the property is developed, I should get a regular stream of dividends until cashing out in 10 yearsCon:I may have a 2-3 year wait until the Fund generates incomeFunds are pretty much locked in for 10 yearsReturns don’t seem to be as good as a rental property 1031 ExchangePro:I can exchange into properties with better cash flow and collect monthly cash flow immediately I have a tangible property rather than a fund which can be mismanaged I believe my monthly returns will be higher than an OZ Fund Con:Capital gains (depreciation recapture) continues to buildNot as passive as an OZ Fund I’m wondering if I missed anything?

typically we see this in the development game not in the SFR or small multi rental game ..  

What happens as soon as the last house in the development is sold and the appraisal manipulation stops...?

Has anyone completed a Multi-Family Development with LendingOne? 

That two year period also gave me sufficient time to learn a lot about the different investing strategies, to sharpen my deal analysis skills, to continue to develop relationships with property managers, agents, banks, contractors, attorneys, and tax strategists, and to really lay out a plan of attack moving forward.  

I'm also interested in seeing more manufactured/modular construction of multifamily developments.

There has been a recent uptick for houses in the Greenwood and Center Grove areas because of these developments, but there are still deals to be had.