We intend to hold the property in our name for at least 12 months before starting construction. 

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

How bad is this going to continue to hold back the CRE market?

Again, I believe this would hold true in most urban type markets.Let me know if that helps answer your question or if you have any follow-up questions to this.

I have always imagined getting to the point where I could hold/ run a small community of mountain cabin rentals or a guest house, something along those lines.Thanks,Chad  Yes I meant AirBnb and Mid-term rentals, rent by the room, glamping (although I probably wouldn't go that route), buying commercial RE and running a business (for me that would be a lot of work with a W2 job and buying property locally or leasing out a space is expensive here). 

@Jasmine Vida  Some groups have a lot of spam, but I've also found groups that are legit investors and also hold meet ups so its good for networking as well :)Send me some those Facebook groups that you found I would definitely like to join them! 

That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Sometimes a refi or HELOC can be an alternative if you want to hold onto the property.If I were in your shoes, I would start looking at a refi first and see if that would be the most beneficial choice.