I already have a team assembled to do the work and specialists as well (mechanic, electrician, heating/cooling, etc). 

It's never a bad idea to assemble a team of professionals.

Although this is a diary thread, the actual progress has been posted on BP in a series of separate threads; I have assembled links to all of those separate threads here in this single post for the convenience of the viewer to visit them all in whatever order the viewer chooses.inner city duplex part 1-4https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 5 - 8https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 9-12https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 13-16https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 17-20https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 21-28https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 29-36https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 37-47https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 48-58https://www.biggerpockets.com/forums/843/topics/46...inner city duplex - the end!

Generally the sales tax exemption is for if you are assembling widgets and then selling the main widget on the end and charging sales tax on the end widget.Real estate does not have a sales tax on the end sale, so for this reason, the components you buy for the property are not exempt from the sales tax.

Hey George it depends on what kind of LO (loan officer) , in a retail big bank like Chase, in a refi assembly line plant like Loan Depot/Cash Call/Amerisave, a LO with a indepdent mortgage broker, a mortgage broker one man shop, or a LO with a mortgage company.It can vary from flat rate of $500 per loan up to 2.75% of the loan amount and everything in between.

Probably the most important decision will be assembling a team, like a realtor and a management company.

The IRS does provide a list of assets that are explicitly prohibited, life insurance, S-Corps, and collectibles (Art, rugs, jewelry, cars, alcohol, non investment grade/Bullion precious metals, etc.)

The construction pricing is for wood frame assembly which is why it's on the lower side.

Out of state, wouldn't I have to immediately assemble an entire team?

I don't know if that is the correct terminology but we are starting to assemble the website I asked about two weeks ago.