This program is designed to provide financial literacy, job and apartment placement, and basic survival skills.

Design a program where you can use the equity, hold for a while to season things, and then refinance out of the project's original capital structure and return the capital plus some return you need to attract the capital. 

To do it well you need very specialized expertise in abstruse things like capital account accounting, internal controls risk, cross collateralization, contingent liabilities, deal carve-outs, and many systemic risk patterns that by definition are impossible for the sponsor to design out without paying to pass this risk to a party who would charge more than the risk indemnification would cost.  

It’s on discussion threads on bp nearly daily...But that wasnt your question...Electing to be taxed as a S Corp (remember, S Corp isn’t a legal entity, it’s just a tax statu) is really designed for reducing your self employment income tax payments.

I am looking to put 50% down and to get a 50% commercial loan on a residential property (designated special use as commercial office, my residential lender wont touch it).

@Andrew Irwin by nature, OZ funds are primarily designed to work with accredited investors for a variety of reasons.

(No we cant move to PR or islands wife wont allow :) ) We want to start getting into real estate rentals and need help designing our strategy.

So it's not designed to keep a permanent balance on it.  

Definitely recommend using a contractor with the designation as a Certified 203k Contractor - 203kContractors.com Any contractor can say they do 203k's or like 203k's but maybe best to use one that has been educated on the 203k and had their 203k experience verified. 

(No we cant move to PR or islands wife wont allow :) ) We want to start getting into real estate rentals and need help designing our strategy.