Hello Jordan we actually have a one time close construction product that will provide you the construction money all the way to the permanent loan at the end when your construction is done.

I suggest you dig deep on what type of permanent financing will be available.   

This while still having no 'current tax due' (and the 1031 you mentioned put if for a while or permanently depending on the plan). 

What do you think of the idea of writing a month-to-month lease with the provision that the rent is due on the first of the month - and if it's isn't paid by the third the monthly rent permanently goes up by $50.

As of March 1, 2023Short term rentals of dwelling units (rental for less than 30 days) are prohibited by theMultiple Dwelling Law, the Housing Maintenance Code, and the Construction Codesunless the permanent resident of the dwelling unit is present during the rental.https://rules.cityofnewyork.us...

You then get your money working at two places at the same time.Overfunded permanent life insurances are not very good during the accumulation phase, but are excellent during the disbursement phase.

Tenants in my other units were professionals new to the area, a family whose house was being totally remodeled, and a couple of “family splitups” situations where one spouse needed a place while they waited to see if the separation was going to be permanent.  

I want to add that for mold that seems permanent (resistant to cleaning agents and scrubbing, I started using glassguard mould remover and it’s amazing!!!

@Matt Willis If you were running a Canadian sole proprietorship, or a US single-member LLC taxed as a disregarded entity, and had no "permanent establishment" in the US as defined by the US-Canada tax treaty, you would most likely be able to avoid US taxation and be taxed only in Canada. 

From the site: https://www.quora.com/An-evict...In the formal legal world, a court case that is dismissed with prejudice means that it is dismissed permanently.