@Frank MartielliAs long as they’re familiar with a bank/draw schedule process based on their completed work, they should be suitable.

It will "mature" into a 20 year fixed rate mortgage that you can no longer draw on.

I used LibreOffice Draw, then converted it to PDF.Section 4 of  https://www.azleg.gov/ars/11/00480.htm states:"Each instrument dated and executed on or after January 1, 1991, .... shall have a print size no smaller than ten point type."

With COVID-19 a large reduction in rent collected looked like a real possibility but I maintained peace of mind knowing that my mortgage payments were far less than rents so as long as half of my tenants paid I could continue to pay the bills without drawing from reserves or personal capital.

The best thing you can do is analyze where you want to be in 1 year, 5 years, 10 years and draw out a realistic path to get there.

Almost all the work was done by the builder by doing a draw from a construction loan.

Almost all the work was done by the builder by doing a draw from a construction loan.

There aren’t too many industries drawing people into the state, there’s a lot of brain drain up into Boston, and it’s not exactly business friendly.

Your bank has the security of a professional team building it out and there should not be a draw on the home until the day it is built and ready to be shipped to your location.You will still have draws on the land prep though and you will need to manage that.Some modular companies have single story duplex designs which I like due to the lower cost to value for a modular (no crane fees).

Back to the drawing board.