If your CPA is suggesting such a thing, then I would check to see if he has a criminal record because if they don't have one now, they likely will soon with advice like that.Third - even if you were going to rent this future house out, an LLC does nothing for you tax wise. 

Hi BP members,Do you consider someone has criminal recorsd 10 years ago?

**(No interest in becoming a REA) No offense!

Do you know how to look up applicant's criminal history in your area? 

Income 3 times rent, no eviction (ever), no major criminal background, good rental history and references, decent credit etc etc.

This whole business model is really offensive to me.

No offense will be taken. 

Note everyone else commenting is an architect by trade and no offense to them but architects tend to overvalue their work in my opinion. 20 years ago I had to pay for real architects and the price was justified but now with new tech and programs its a saturated industry and prices vary widely  within a single market.I'm not here to tell you to fire your architect but it doesn't seem like you got several, if multiple bids at all.

I don't have a process for credit checks but I do do a criminal and eviction check.

With double deposit escrow smart contract, the deposit account is only generated between the buyer and seller, and is only controlled by them.I understand that this new technology has gotten a bad rep from criminals evading taxes and rampant speculation from others, but it's simply an unfortunate side effect of any newly emerging technology.