That is a deal-killer for some groups and others will cut back leverage, so be prepared that way2) Make sure it is with a lender that is licensed in ID, it has some different rules up there so confirming ahead of time would be good.3) Include those monthly escrows into your monthly expense calculation, DSCR lenders do, so make sure you are on the same page4) With that, make sure that the lender you work with will go down to 1.0 on their DSCR if it is going to be tight.Good luck in your decision!

Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

I'll stop there, because 50 is a nice round number, but only a fraction of the number of questions/decisions you have to make before and during your construction. 

[5] Cite Code, Regs and USTC decisions.

How may properties are held in each LLC is a decision with yourself and the attorney.

The funds are insured, and you can withdraw them at any time.Real estate investing works the same way—the riskier the deal, the higher your expected return should be.Final Thought:Before making any decisions, get flood insurance quotes first.

A lot depends on an individuals motivation, dedication, learning capacity, decision making capacity, analytical ability, time available, support system, mental state, and yes, luck. 

@Jackie LinThat’s a big decision, and with your experience in California rentals, you’re in a great position to weigh the options.

Local governments may opt out to avoid potential revenue shortfalls, but this decision would be irreversible once made.

For instance, knowing the income limits, family size requirements, and the types of properties that qualify can help you make more strategic decisions.