Furthermore, you will have some passive activity loss limitations to deal with, presuming that you do not qualify for the "Real Estate Professional" designation in the next two months.

**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.

Could you gift the down payment to your mother in law so she can buy it and then transfer title to you when your house is done?

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

There’s a cool breakdown here if you ever want to explore gaming design inspiration.

Quote from @Eva Sha: I have a background in architectural design and would like to get into commercial real estate investing, but I don’t know where to start.

People that are good at branding and review designation can bury those low reviews and I wouldn't want to own someone's reviews but I am not your audience as far as a projected buyer as we purchased ours for a deal and they are both higher end beach stilt houses that are side by side and neither had been listed as a STR on any platform, we built it up with a direct book site and also use the platforms as well as the local website in the area to book. 

This platform is designed to greatly assist you in networking and gaining knowledge about real estate.

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

Why are you looking to buy such a big house to rent, the numbers usually won't work unless you go nuts on the design.