If the llc is with the contractor and he signed that and also signed docs for closing, then there is no leverage.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

No sooner had we even closed on the property than they found a tenant ready to move in.

Yes or no" and I marked yes and added dog. 

I can update flooring or touch up the kitchen, but no roof, plumbing, HVAC renovations.

Me and my wife currently have a sonyma fha loan.I have no other dti except for my mortgage payment.

You are adding costs and complications for no benefit at all.

It's no guarantee but it's a good place to start.

No regulations restrictions, low average vacancy rate.

Also, your architect will work with the survey you just completed in #1 and ensure there are no issues in building a structure and meeting parking requirements etc.