What to include in the notice The name of the property managerThe date of terminationThe reason for terminationA statement that the notice is in accordance with the contractWhat to considerMost property management agreements require a notice period of 30 days or more.

Verify with the city.Personally it makes no sense that an LLC would be able to operate without being onsite when it is required.The only thing that sticks out is the grandfathered in statement.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

They submitted paystubs and bank statements from two different banks.

Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell. 

Tough last name to have in the land of the Golden State Warriors ;-)I have a client in Kansas City, MO that has done something similar with one of his larger homes.

Maybe just try finding the deal and sending it over to a larger wholesaler for a JV fee?

If they can build a larger home and sell it for the same or more rather then building a couple small homes why do it?

I retract my statement.

Larger brokerages sometimes are in need of administrative work, which could earn you a steady income while also getting exposure to the field.