We have a new construction SFR project in Oakland under our C corporation, where my husband and I are the only shareholders.

“Every company with a major presence in California right now — it's not even an overstatement to say this — their board of directors are, as a matter of due diligence, exploring options as a way to be accountable to their shareholders,” one site selector said.https://www.bizjournals.com/au...This is one of the big reasons Austin has been so hot for so long. 

Good and bad obviously for the company and shareholders.

You wouldn't need to be be thinking along the lines of a S/C-Corp situation and  here's why; Moving real property out of a S/C- Corp is taxable when it comes to capital gains and a personal suit of judgment against you  or one of your shareholders (personally) can filter through to the corporation/it's holdings in how some are set up.

Local lending supports local members over shareholders.

If the company is making no money and has no positive shareholder (you) equity but than takes out a $100k loan (cash in the bank) it cannot be an equity distribution because there is no equity to distribute (just borrowed money in the bank).

If the partnership or S corporation groups its rental real estate into separate activities, each rental real estate activity is treated as a separate activity for the partner or shareholder.

One community bank I worked for fired it's president (a professional banker) because the board and the chairman (largest shareholder) didn't like the fact that he refused to give anyone they wanted to give a loan to a loan.

Those companies directly pay US taxes and as I don't receive any proceed from the rents in France, I don't pay french taxes.My  children are the share holders of those companies.

Kentucky has recently passed House Bill 360 (HB 360), which allows pass-through entities (PTEs) to make an election to pay state taxes at the entity level on behalf of their individual partners, members, or shareholders for taxable years beginning on or after January 1, 2022 [1][2][3].