If you can't keep up with the rules of these zones and track the compliance, handing you money to these funds to defer and later permanently avoid tax would be the best. 

But I would suggest you look into maximum overfunded cash value permanent life insurance (whole life or Index Universal Life) properly set up.

It's good to ask questions like you mentioned above but becoming a permanent fixture will get you all the contacts you need.

They also have a construction to permanent loan feature so it means getting one loan for the whole project opposed to two, one for construction and one for permanent financing.

After all, my personal house had nearly doubled in value since purchasing it a year prior and I was feeling pretty fat about my new-found wealth.

LOL My statement was assuming that you had placed a fat down payment.Please don't take my posts offensively as I do respect the vast experience you share with the community, and do not intend to offend when I share my opinion.

Have the borrower pay to reinstate and then have him make 12 on time payments prior to a permanent modification.

At the completion of construction I need to refinance into a permanent loan.

(We want to have a small hobby farm for our permanent home.)Well, the prospective buyers on the 16-acre farm had to walk away, because they couldn't find a lender who would give them a residential mortgage on the place.

I can also imagine a scenario where the common areas are owned by some type of non profit HOA where the condo owners don't have alienable ownership right but merely some type of permanent easement.