The next issue I think is we want this property for us since we just got the LLC started once the project is finalized we don’t have enough track record on the LLC or as a business owner to get a mortage or refinance the property under a mortage.

What is it you are renting/leasing; what is the true reason a corporation wants to rent it (vs. an indivdiual if that is the case); what is the business track record publicly and financially?

As far as building credibility, make sure you are focusing on markets that you have a track record and expertise in.

For example, a bank would never give someone like me who hasn't built before, a loan to build like this, but we are doing it through our company which has a great track record and I will buy it upon completion.I mainly went with a new build because I thought it was a very unique opportunity given the connections I have working in a development and property management company.

Again, others might disagree.a) Track Record: Get the entire track record for the strategy.

Hey @John Semioli, DSCR may be worth looking into as long as you have accurate and up-to-date bookkeeping records.

I'll also go back and tag records as the homeowners respond to my marketing so that I can see what lists are performing and what lists aren't.It does pretty much what you're describing in your post if you choose to use it in that way.

Reminder to always keep a record of all rental income and expenses for tax purposes.And that’s pretty much it.

If they are related within a 2nd degree of blood or marriage (sec. 5.062).An executory contract can be recorded the day after signing. 

South Carolina imposes a deed recording fee of $1.85 per $500 regardless of county.