He told me about LLPAs and presented me with a lot of option related to them.

With countless loan options, complex terms, and strict lending criteria, it’s easy to feel overwhelmed.

I also got great value from a very expensive course on how to properly buy & manage residential real estate.Regardless of cost, the ones that offered low value were the ones where the founder wanted to sell education as their main business. 

As far as I understand, as I am living in it, I was able to get cheaper down payment options.

It's rare that you'll find a good seller for #1, so the only option remaining is to document the condition from the day of purchase.

I’m eager to learn from experienced MLOs, mortgage brokers, and real estate investors who can offer insights or guidance on making this transition successfully.Looking forward to learning from this amazing community, and I appreciate any advice or recommendations you can shareThank you,Aswin

Congrats on having an option. 

Now the decision between option 2 or 3 depends on a few variables.

design one for yourself. think about your market. like in columbus we have infill lots at 30x120 and so we developed and designed a house for ourselves. we build the same house and continue to Make modifications. it's the only new build we offer to build for clients. that's just my opinion. architects we didn't even use we looked at national builder Floorplans and decided. our typical lot is 3000-4000 square feet that we build on 

So I made them an offer.