This will help you plan better and price units accordingly.

Now, are you planning to house-hack and live in one unit, or going full rental?

If your goal is to scale, I would suggest running your numbers with property management costs included from the start.Also, if you plan on adding more properties soon, I would avoid anything that needs too much renovation upfront.

Are you planning on renovating afterwards?

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

Years ago, being a property manager was what I planned on doing for my retirement gig.

Who is their architect for all plans and permitting?

Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.

And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.

Not promised or planned, actually funded.