The reports are fairly extensive with pictures documenting various items. 

Regardless the odds of redemption are so low that it is worth taking the shot, just dot your I's and cross your T's and document everything well with before, during and after pics.Good luck.

My partner and I just started, created the LLC, got all the documents, and have begun introductions with lenders across the market. 

It's very smooth for calling, texting, uploading documents, scheduling appointments, email and calendar integration, reporting on income and KPIs, etc.

Lenders may require additional documentation or have different terms for new construction.

At the end of one year I paid for an appraisal documented my 20%++ in equity and got my collaterals back.

The amount of permits and how many plans, details and documents is totally under the purview of the Engineer themselves.

What documentation do I have to do during this 1st part of my acquisition before I do my whole due diligence?

Unless there is significant equity in the property 50% LTV may not be enough to payoff the current underlying mortgage.Now here are the exceptions to lift the COB 50% limited LTV restriction:- you inherit the property and it was transferred into your name either via legal award from a domestic partnership/marriage - you have been on title for 24 + months- you took title to the property that was transferred from a partnership or partnership like entity (LLC, LP, etc) that you can document the ownership of 25% or more in- you lived in the property and have been on title for atleast 12 months as a primary residence- you have paid the mortgage for atleast 12 months - or you can demonstrate a relationship with the obligator (domestic partner, relative, family member, etc. )If you qualify for one of the exceptions you are not limited to the 50% max LTV  when considering fannie/freddie conventional cash out refinances on a subject to transaction.

My rent gets paid on time and everything is documented.