Have you considered the fact is you can invest up to 80% of the funds into a new LLC the next day or at any time all tax-deferred?

Now I'm looking into commercial HUD loans and perhaps starting a fund to continue scaling. 

I don't think rent to retirement can vet a deal any better than anyone else or you, they just have a bit of a system. but the new builds in Lehigh acres, Cape Coral, north port, etc are all garbage. septic systems, poor economics, low rent to purchase price ratios, you are banking on appreciation and buying at market. building direct is going to give you a competitive advantage on a 3 unit let's say worth 600,000 you are going to be 120k ahead than if you bought it through them. that's my analysis. if you are super lazy and too busy to make money and have millions to throw around then I'd recommend not thinking much about investing. but you can also invest in funds and be way omre passive than buying a new build from far away. but if you want to add real value then get involved and make it happen. getting wealthy isn't easy. you work hard for your money and there are build to rent developers like us that try to answer and add value to start buiding relationshipsl

Doing real estate and managing other peoples money from a fund are two very distinct skillsets.

I funded one flipper over in the two towns just south of Madison.. but he died mid stream and I had to just liquidate the properties..

We have found what works and repeat it as much as funds allow.

Yes, all forms of energy development do get funding by the government. 

No one has x-ray vision to see inside walls or underground, so you should have 10-20% in contingency funds just in case. 

Any mixing of personal and LLC funds can compromise this liability protection, potentially making you personally liable for any claims or lawsuits.

Building an ADU is a nice way to add value but you won't get that funded by a lender.