Each room will have a separate lease on it with a separate deposit following normal property management practices, and like you said, the leases have different start dates. 

If it is a normal occurrence I would be concerned, connect with local boots on the ground before doing anything out of emotion. 

This shifts the conversation from opinion to facts, which is harder to dispute.Keep Emotions Out of ItNegotiations can get tense, but staying calm and professional gives you the upper hand.

I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

Take the emotion out of it, and just base the two applications off of facts and your requirements. 

As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.

Total profit less closing costs and commissions will be about 42,500 each or 85k total.I would for sure get a construction loan, may be worth approaching 2 or 3 different banks and getting separate construction loans from different banks. 

•The estate itself is not necessarily a related party (since it’s a separate legal entity).

Mom’s estate plan should probably address this separately from you. 

***depending on how far the house is from the coast, you mayalso be required to have a separate Wind or Hurricane deductible.