Commercial Development - Corporate Housing, single family homes

[Bob Wilson]

Currently, my company has 46 homes in Chicagoland, all furnished. We rent them to companies, and they stay occupied. Monthly revenues are $220-250k, Profits are healthy (Site: www.leaseFHS.com).

I'd like to build 3 homes in TN, or SC (haven't finalized yet) same concept. Only difference, building versus buying (personal preference, long story). 

The project will be 3-4 mil. 

I can navigate the waters when discussing personal home loans, but when venturing into a commercial loan to develop/build homes, definitely not my space. 

What should we be thinking about, and where do we start?

Of course, we will be speaking to experts after we file our taxes in March, but I wanted to start with BP, so I can start mentally preparing.  

Thanks for reading, and super thanks for responding!