Is it common for developers to use subsidies to cover 100% of the construction costs without needing to obtaining debt or raising equity?

And of course we're in agreement on consulting a tax pro.

Always consult with your attorney before you rely on the above information.

Always consult with your attorney before you rely on the above information.

As I'm new to this domain, I would to hire a consultant to perform some zoning and other due diligence activities.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).

Wouldn't hurt to consult a tax pro just to make sure there isn't a more tax effective strategy but I don't think lending provides any tax shelter.

My estimate is 90% of the time we obtain a tenant in our first open house.  

My goal, over the next five years, is to utilize real estate in lieu of my current hourly consulting income, by building a portfolio of rentals.