You will have a leg up on the competition where it's a stand-alone. 

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I'm looking for ways to invest in up-and-coming markets in Southern California, such as in San Bernardino County and Riverside County.

Get a gander at your competition and see what they are offering and take it up a notch.You might check Fiverr or TaskRabbit (not sure for interior designer) and see who is out there.They should be able to help you out remotely and without spending a ton of dough.

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

I’d definitely love to set up some time to discuss and deepen my understanding of the lending side of real estate investing.Wishing you a wonderful weekend!

What's up, brother!

My wife, Elsa, and I grew up in the western suburbs of Chicago, but we currently live in British Columbia, Canada.

It is fair to express your disappointment that they exceeded the cost target you gave them.