Between them, it cost me about $70k.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

TBH, despite the cost I prefer using Turno.

B can cost $30-$50k to setup and furnish from scratch.

This type of refinance allows you to pay off your private lender without taking additional cash out, potentially bypassing the 12-month seasoning period required for cash-out refinances by Fannie/Freddie.

With the right tools and a bit of hands-on management, you could effectively manage the property yourself and cater to this steady stream of potential tenants.

Example:Let's say the backyard is 5,000 feet, the front yard is 2,500 feet, and irrigation costs $150 a month.

We were planning $600/mo mortgage payment, $100/mo insurance & $100/mo taxes - balloon payment in 5 yrs.We are providing $5k to pay back taxes ($4k), back hoa ($125), pump septic & grease trap clean out ($225), survey ($600)  & our children are paying closing costs ($1500).Deal stalled as owner backed out on seller finance.Suggestions?

This nonsense about paying full price off the MLS and using borrowed money to cover the closing costs is very alarming.You haven't said that, but a popular guru has and he has sold a lot of "memberships" in the process.