With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.

I also want to hear from those of you who have transitioned out of a full time job by doing out of state investments/creative finance - how long did it take you to transition out?

Quote from @Mary Holland: I'd love to hear about your experiences and how they compare to other types of commercial real estate financing.

Things like:🚫 “I need seller financing.

It would never be someones first foray into the financing world.

How did you finance this deal?

How did you finance this deal?

My investors acquire with cash as a routine investment strategy to secure properties quickly and eliminate competing buyers using financing.