@Brian Willie this setup is very common to avoid having each Property LLC to have its own bank accounts.Only the Management LLC will need Operating and Security Deposit accounts.They all need to be single-member LLCs with the same owner, or else it gets very complicated.Find a good tax attorney to help set this up.

Exploring a combination of these strategies, such as using a HELOC for a down payment and securing a DSCR loan for the remainder, could help you achieve your goal of purchasing additional properties this year.

I recently read in a book that suggested I should open a dual checking and savings account, and take the security deposits from my future tenants and store them in the savings account, then use the checking to pay the mortgage or maintenance fees.

You'll probably need portapotties on the site anyway for construction workers.If you aren't opposed to single or double-wides, that would be the next easiest considering foundations, sewer water, and permits are all possible . 

Hello All,I just secured a 0.4-acre lot with a burnt house on it in the Bakersfield, CA area.

I'm interest in attached 20'-22' wide 3 bed 2 bath 1 car attached two story. that's what we build in columbus as a single family and it performs very well as a higher density suburban style in Miami 

Split them prior to obtaining the financing and just don't include those lots as security in the note.

Financing: Secure financing for both land acquisition and construction.

As a PM for a wide variety of units, the fun ones always outperform the cookie cutter.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.