Prioritize your financial stability.

I'm looking to absorb as much as I can from y'all in hopes to get my family to financial freedom.

Own a few rentals and hoping to be on my way to financial independence soon 

I had no visibility into the financial side because my contractor was a poor business man.

These costs can vary significantly by state, so it’s important to compare the financial impact of forming the LLC in either state.3.

What are the best practices for managing the financials of such a varied investment portfolio?

Some owned are inside ROTH IRA'S so I will never pay or owe ANY tax or capital gains on the profits.Some are 1000% tax free profit, before adding in the accumulated tax free rental income, If you finding better investments, I'd love to hear the details.I tried to use a financial calculator once, it just got real hot and burst into flames.

A solid agent will understand that there is a financial gain, but this is a relationship, so if it isn't the right deal, they can be honest with you and you are more likely to use them again and refer.

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

I like this idea as I think it would give me a behind the scenes view of key financial aspects of investing.