The two plan drawings should call out everything to be removed and clearly label the scope of work to be completed.

@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.  

Quote from @Mary Jo Carruthers: @Sunil KaleDid you get your realtor to draw up the lease?

Holding costs if renovation will be required (interest, builder's risk insurance, permits, porta-potties, lender draw request and/or inspection fees, etc.)

Multi-family properties typically draw transient tenants, singles or couples without children, who stay only 1–2 years and cause moderate to serious damages.

Now the other consideration is your lender.

Another consideration is the permitting process and local zoning quirks, which can slow you down or force design changes mid-stream.

We also take our draws/income in a different proportion that what each of our Basis' are.One things that I have often wondered when people are thinking of doing the S-Corp thing to 'save on FICA' - I get that, in general.

Additional Considerations:• H1B Visa Constraints: As visa holders, our real estate investing strategy has to remain passive (e.g., hiring property managers).

They would require an additional 25 million raise.I was shocked because they don't have anywhere near that amount of cash on hand, nor a credit line to draw on.Newberry was asked if he felt confident that he could raise that amount.