I handle all contractors on defined work progress, i.e. demo complete, plumbing rough-in complete.  

@Austin Berlick I’m not sure how you would outsource the leasing aspect of any property without incurring a leasing fee of 8-15% depending on market.

Building is a lengthy process that requires coordinating multiple aspects, which can be time-consuming.On the other hand, buying an existing property is generally cheaper upfront and offers the advantage of immediate availability, so you can move in or rent out quickly.

I thought the holding company would not conduct business but have subsidiaries of LLCs for each aspect of business or up to 1million in assets.

@Namal Burman I like using RentRedi myself, but more for the organization and tracking aspects/features.

The negative aspects out way the positives in most cases given our current technology (even for a primary residence).

Before you can decide you'll need to define your goals.

Especially when factoring in commercial spaces.One aspect of the deal I'd consider, is whether you can individually parcel the commercial spaces and sell them to the businesses.

As far as the time and money aspect of it goes we’ve got it pretty dialed in on how long and just how much it will cost.

Ive seen this work well, as its not exactly clearly defined how long the IRS wants the holding period.