The developer with a long term lease will just convert construction to permanent debt fixed for 10 years and wait until a better time in the cycle to sell or refi.

@Jerrell Alexander GermainI love their (or their associates) cardboard signs with permanent marker claiming you can make $20k/month as an intern.

With de minimis, since nothing is capitalized, you have some permanent rate arbitrage in the ordinary deduction upon placing in service, then no recapture on these assets on the sale of the hotel - more is capital gain.

Permanent residence is worth just over 200,000.

Should I just pretend to be a real applicant who wants to move in permanently?

Certain stipulations apply in this case, you must be on qualified extended active  duty, have to move 50 miles outside of your "permanent area",   Doesn't sound like it will affect you, since you are looking to sell, but something to keep in mind in the future. 

Also excerpted from Investopedia:"A better way to think of risk is as the possibility or probability of an asset experiencing a permanent loss of value or below-expectation performance.

They really make you PROVE that you're intending to make that state your permanent residence and that you're not just moving there for school. 

Usually we recommend invoices should be kept for at least 5 years, and legal documents should be kept permanently.

As far as the temporary address, I believe you're going to need a permanent address for the LLC, but again, ask your CPA.