That's typically where I see people referring to entry fees.

Lots of research first through Zillow , real estate agent, and family members led us to Queen Creek and New home constructions.

2) How much do you actually know about construction?

I have a bachelors in Construction Managements and run substation electrical jobs for a living while my wife is a stay at home mom with the kids.

Any constructive advice would be much appreciated. 

Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.

I'm a realtor, investor and own a construction company located in College Station, Tx.

Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name.

Plumbers typically charge $45–$200 per hour.