here's what may be the best advice you can get on a project like this ... find the Best Roofer in your area to help with this!!!

or we can manage through the home state LLC, any prod and cons  Please ?

Thank you for you time and help I would connect with a few local real estate agents and property managers in Cambridge that can pull accurate comps and tell you can compare your cost to build vs sale price. 

. - Get connected with someone locally that you can either walk one of their projects or go on a potential deal walkthrough with just to keep the momentum going.

Net income is what gets taxed and that is different than cashflow.If you are managing your business correctly, usually cashflow is higher than net income because depreciation expense lowers your net income and depreciation is a non-cash expense.

Our understanding is that the right structure could help us manage and potentially reduce our W-2 tax burden.

Managed to figure out how to pull the list but now I'm pretty lost.

If you have a property management company handling your property they will also typically charge you a lease renewal fee when renewing existing tenants.

Whoever finances the project can rest assured that we will make good decisions in that regard.

The other catch is you have to either document prior experience managing rental units or use a property management company if you need the rental income to qualify.