-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?

Improper reporting of big items such as mortgage interest. 

I would stop work until an itemized scope of work and cost to completion is established.

I use this type of system in a ten unit that I own because the cost to submeter each one was cost prohibitive I usually don’t include other items like wifi/internet unless it’s a furnished/short term rental. 

Items such as this that could be easily replaced by almost any LL at a very minimal cost, will turn into a $135 aggravation at best if you overlook it!

I have expierence in new construction, that's not a problem.Here is elaboration on the last 2 items:2.

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.  

The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.

The PM should provide itemized items of what was done.

Let me know what you think.As a matter of information, smoking/vaping is prohibited inside our rental units.