We are fortunate to take on a lot of doors from local PMCs who drop the ball, and invariably, poor communication is near the top of the list for complaints. 

For govvy loans, the Due on Sale clause will be available to your note holder - having an LLC take title to the deed (most commonly via a quit claim) will expose you to this clause.

You could even do this as you take travel nurse assignments. - Of course, you may need a Property Management Company to handle each rental when you move again.

Looking forward to seeing you take that first step and get your first deal done!

I also suspect the vast majority of lenders will take exception to your mom being the 1st position lien (look up strategic default).

After a year you finance, it gets into BRR situation that is no money from your pocket as equity takes care of downpayment and you own the building.

Clients will tell us they are glad they did take our advice on this.

I would take out a private loan on the paid off property to get the other one squared away

While the debt would whip out most of the profit for 'x' amt of time, it would seem to be logical to take on the risk at a net zero income for x amt of years if after that point, the cashflow is all positive.

The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.