If you are worried about out of pocket costs, see if maybe a rehab loan is an option to get everything needed done now and refinance in 3 months when everything is complete.

If you can find someone to loan you money for this endeavor please share their information with us all.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Why do you think purchase contracts are so long and have such small print?

I agree with the small group of investors.

I lost thousands of dollars dealing with this company. 

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

Are there other options that could be better for a construction to perm loan (not through a traditional bank)???

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Quote from @Jonathan Small: I have had section 8 rental since 2008.