The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

Think of it like buying an existing performing business.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

Soviets don't exist. 

So far, nothing.The point is that I believe people spend a lot of money, time, and effort protecting themselves against a non-existent threat.

The fact is that these laws exist in many places, including Salt Lake City, Utah; Logan, Utah; Hartford, Connecticut; and Newark, New Jersey.

You search for existing guides, select the best and provide the link or the document to your clients.

How will the existing income from the property influence the amount I can borrow? 

I'll subto his existing mortgage and pay off the 120k.

And I have to assume the MF are their existing MF that needed cap calls ???