@Caley Crossman Several of my clients have successfully used a Self-Directed Plan (RRSP, TFSA, etc.) to hold a mortgage against their own personal residential property. 

Who do you plan to target (accredited investors or not), do you plan to advertise to the public, Do you need an RIA, etc- Make sure you know what to look for in a PPM, LPA, subs docs, etc if you don't do them by your legal team.

Good plan. 

But realize that there's time involved to prepare plans for city submittal - that can be anywhere from an hour to a couple of days, depending on the complexity of the project.I usually eat the cost of contractor licensing for retail clients, but I might pass it on to an investor client.

So that's what I plan to do: I'm going to buy in my own name and use a DBA.However, I also want to start building corporate credit now; which requires an LLC.

I agree though... you either roll up your sleeves and make some sacrifices if you plan to DIY or you hire out the hard work and are happy to pay for the privilege. 

I plan on renting it for at least a year and then perhaps trying to sell.

But does this mean that there is no need to plan?

My only plan when I started this was to earn a better return than anywhere else by using my comparative advantages (high knowledge of construction, DIY abilities, intimate knowledge of my geography, location in a cheap but growing area) to affect my return in a way that was impossible in other arenas.

But that was really the crux of my plan so I can’t fault myself there, buying all those houses gave me control.