You don't want to put yourself in a position where you are paying down two forms of debt for one property unless that property consistently cash flows to meet those numbers and has a low vacancy. 

Qualify the contractor and highlight the benefits of working together which would include consistent work for them and regular paycheck.Personally, I'd buy the materials and never pay any money upfront, a "red flag" on its own.

Building in Charlottesville consists of a long, laborious process. 

Anyways, knowing the area seems a good advice seems a good advice and a prerequisite for consistent success.Regards, Rui

Off-market acquisition is about consistency and follow-up.

What markets have been stable for multi-family w/consistent strong rents?

RodriguesHe is so consistently pricing my clients above and beyond their lenders and I couldn't recommend him enough!

I too am confused by the “It won’t look consistent to the tenant or to the accountant.”

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

@Zachary Sakena Purchasing properties through an LLC is all you truthfully need and that is more for business planning than anything else (if you consistently follow through on the items I previously shared).