I believe good business sense dictates that about 2-3 months might be plenty!

If I can help other people not fall into the same pitfalls I did then this will be well worth my time to write.First thing is to never let your emotions dictate the deal.

FDIC does not dictate loan policy, guidance yes, policy no, not until the bank is taken

This will dictate whether $750 will be adequate for your ROI. 

It is not the bank, the bank has no legal dictation on how the house could be sold or at what LISTING PRICE.

Fast forward, Phase I of new construction, VA Loan...market crash Phase II selling at $60K below...no kids....divorce.History dictates that my advise will eventually be sought after. 

The parcel # can be one and include multiple lots, no matter what title says go to planning & zonning and get their legal plot map and ask them for what they see, the city will dictate not title and i have seen some that are diviseble and some city will not allow.

Our SFR's on the other hand used a variety of forms, like "Qualitative Analysis" and "Uniform Residential Appraisal Report" and notes such items as whether it is a complete or limited appraisal, and other errata.The lender has always ordered the appraisal and dictated which type of appraisal they want.

The HOA may not dictate the type of financing in any project in any state and win.

The LLC Operating Agreement dictates that I will be the one to contribute the additional funds down the line when the construction draws are taken, so after the final construction draw I will have contributed $60K and the other partner $30K.