I was just throwing the numbers out there over dramatizing a bit I guess. but your right... 10/20 sounds good, wanna buy something from me?

Also, the numbers change dramatically if my assumptions change about the project.

The preliminary work (or "pre-construction") that is required for this project has already begun - such as the re-routing of certain roads, and demolition of buildings (churches) that sit on or near the construction site.Over these past few months, I've been sort-of "canvassing" the area - snapping photos of the area before it begins to change dramatically.

Although the money for the loan can come from our personal finances, we are hesitant as our expenses has increase dramatically, and will be for at least another year and a half or two, that beside some job insecurity (we are both fulltimers).So, it comes to the option of to sell or no to sell.

You can learn more than from disclosures and neighbors love to tell dramatic stories!

If increasing your income dramatically isn't an option, and it isn't for most of us, you need to hammer down on those three expenses.Spending $2200 out out of $3500 for housing is a sucker's bet.

Xero, a Quickbooks competitor, has a less expensive "GL Only" version, but it's only for accountants.Zoho Books is cheaper than Quickbooks and probably can do packages (I've used it as part of Zoho One, NOT on its own).AccountingSeed, a Salesforce native accounting package (but can be bought without Salesforce) can do multi-business roll-ups and track multiple journals, but it's dramatically more expensive than QBO.I think Netsuite would suit your needs, but also more expensive.I will say that "Many LLC Books" problem has been an issue with EVERYONE with the move to Cloud.

Just make sure you do your research and consult a property manager that is VERY familiar with that specific area, because the difference in a few blocks can change your rent and tenant prospects dramatically.  

Each of these variables will dramatically change the advice for the individual asking this question.

We are currently under contract for another new construction SFH in central Florida and have been told there have been a dramatic increase in construction costs, but haven't received the numbers yet.