Feel free to give any opinions about the way I have this structured.

I've had lots of inquiries from small families who are interested in fewer bedrooms.The house meets the zoning requirements to be a duplex, and structurally, it seems like it might have been a duplex before, even though it's currently registered as a single-family home in city records.

How should I legally structure all this?

Hello, thanks for letting me know, I took a free course and I learnt a lot and started calling and trying to close a deal, but I still felt like I need more guidance and a more structured program or a community that can help me.

Like my colleague AJ mentioned, there are a few ways to go about structuring the financing on this deal. 

Hi Bob, There are a few ways to go about structuring the financing for this type of deal. 

I'll have an in-depth conversation with my accountant about how to structure this

I'd have interest in facilitating these types of deals and paying you that fee that's nothing for the value you are bringing if you really are. that's about 2 points on a hard money loan which isn't a lot, if you are flexible on payment structures we'd pay you out of construction draw proceeds each time we receive money we pay a portion of your commission back

I have been digging through the guidance and am wondering if anyone has ever taken advantage of the following clause regarding 203k improvement types from the HUD SFH Handbook 4000.1, pg 374:- "reconstructing a Structure that has been or will be demolished, provided the complete existing foundation system is not affected and will still be used;"- "repairing, reconstructing or elevating an existing foundation where the Structure will not be demolished;"Guidance link: https://www.hud.gov/sites/dfiles/OCHCO/documents/4000.1hsgh.pdfHas anyone ever built a new home on top of an existing foundation using a 203k loan?

This way, you can remain a passive investor.While starting an LLC and running short-term rentals can be feasible, it's crucial to structure your involvement as a passive investor to stay within legal bounds.