Any suggestions I appreciate in advance.Worst case, I'll just create something for him and walk him through things as he goes, but I'm thinking, why not document it for us both (no plans to publish or anything though)!

We bought a lot with cash 2 years ago with plans to build in 2024. 2024 was a bad year for my family.

I just submitted a conceptual plan to the City and they agreed to do a feasibility analysis to see if SB-9 will work for my parcel.

What is advantageous is someone that is good at underwriting and unbiased (only analyzes the deal based on the underwriting without other emotions).Note i have a fair amount of experience and plan to place a competitive offer tomorrow that the underwriting dictates not placing a competitive offer.  

When you are getting into raising big dollars from sophisticated investors they are going to want to see a track record and a well thought out and detailed business plan.

I explained to the landlord what my business plan was, and paid him a set rent amount each month (though slightly higher than market rate rent).

It’s something to keep in mind as you plan your move.Feel free to reach out.

I plan to get my RE License as well because this is a direction I want to go down for a career. 

DSCR is available for an LLC to use for purchase and cash out refis as long as you never plan to occupy the property yourself.

Your story proves that being in the game creates opportunities you can’t plan for.