Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?

When I asked IGMS if VRBO can see the bookings made on the direct booking website, IGMS said VRBO should not.Is there a way to avoid this in the future?

It also potentially still allows you cash flow for future capex on the property while not over leveraging yourself.

What are your future goals?

I am in North Jersey and I don't know any architects who would add the plumbing line to their architectural plans for future billing and property management.

Future residents could essentially buy out their units and fund your build. 

To do that, I was intending to sell some stock (75k to completely pay of home 1). 

For future reference, there are some threads about them here on BP.

In the future, make sure you and your GC have a schedule for each phase before the project begins.

There are many similar suburbs along the 270 corridor in North County that would probably have similar housing stock though you may need to look a little east (toward downtown) to find the inventory.