I would be very careful with a lot of course or guru in general right especially a price tag like that what I would always recommend reading the contract and see who is the person more in favor and if its not you then dont sign up very rare to see someone actually benefit from a course.

Next is regulations, checking with city to assure it's legal to do. 

The idea of LTR in SFR is in my opinion the best place to start. 

It's not the cost of the big ticket items that kills your budget, it's the loooong list of small tasks and receipts!

As a contractor I had to work for money, be at the mercy of the customer, jobs and timelines never seemed to go as planned, only to pay tax on the money I worked for.

You now have possession of the apartment. 

The options are, demo the lot, split the lot and then sell 2 lots to the builder or build myself.

Please post more info about the deal.

You came to the right place, Kwanza! 

We now are looking to create an LLC and setup the necessary legal documents to protect both parties and layout the terms of the agreement.