Thanks for this, I hadn't thought about securitizing tax benefits.
But in the SF case if you have 5 people living in 3 houses, say, as 2 / 2 / 1, and this are single-family houses, I don't think you have vacancies. "Occupants per square foot" isn't a measure of vacancy except when it's zero.
But in the SF case if you have 5 people living in 3 houses, say, as 2 / 2 / 1, and this are single-family houses, I don't think you have vacancies. "Occupants per square foot" isn't a measure of vacancy except when it's zero.