I dept free minus these mortgages.  

While I could have gone lower I am lowering my risk tolerance because I expect a recession in late 2019 to 2020.

Please feel free to DM me. 

For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general. 

They are literally working for free in hopes of getting paid when you close the deal.

Feel free to reach out if you ever have any questions!

Some thoughts on your situation overall:In terms of vetting, I personally there is a limit to how much you can mitigate risks when working with a smaller contractor.

Its money well spent land development is high risk high reward.. depending on Jurisdiction. 

You will pay for the higher risk with higher rates and origination fees but if the deal makes sense then congrats.

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.