Also I would make sure they are insured and if the work requires a license, they carry proper licenses. 

As long as you carry adequate insurance, as a landlord this means at least $1-2 million GL or umbrella per occurrence plus defense costs, the LLC's "protection" is never going to come into play.

@Carrie MikellI have two members on my team who are raising the money and are finra licensed.

They had issues performing because they didn't underwrite expenses correctly and as a result they ended up carrying alot of debt and losses.

And it was all so fast that I didn't absorb it enough to carry on past the weekend.

Wouldn't be able to do a seller carry though 

That's all I have to contribute...carry on. lol

While I can see how having some POH's isn't the end of the world, especially if you have a solid plan to transition to TOH's over time, for someone with no "experience" and not a ton of startup capital, my major concern is being able to get financing if I can't secure a seller carried note.

If you don't panic you might not have to lose that much money.A big part of this is your ability to carry the note right now.

These regulations are designed to protect the environment and ensure that development is carried out in a sustainable manner.Social Factors to Consider When Choosing a LocationThere are several social factors to consider when choosing a location for real estate investment.