There is street access because it's a corner lot.This would be my first new contstruction....my plan is to sell my current home (family issues, forced to sell) and move into one of the units as a primary residence for a year or 2 before leasing it.Question is - What is the order of operation to start the project...   

What digging I've done has been in valuing professional services practices (same issue: owner does the "labor", has client loyalty, etc.) as well as medical practices (patients loyal to a doctor more than a physical address).  

Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..

Just make sure you get enough of a down payment to cover issues if you need to take the property back.  

The only issue is the tenant. 

I have had many work group bookings with no issues.

It increases complexity and cost dramatically and thus should be avoided.Whether you need an LLC at all and other legal protection issues - now that indeed is for attorneys to answer.

You do not want to have an issue with fair housing or the many JC regulatory agencies.

This does not appear to be an issue for the tenants or the property maintenance (ie, no calls about tiles, soft floors, rot, etc).  

Rode it though some funky seller issues whereby it changed hands between 2 different owners while I had it in escrow (fun!).