Trust me, a lot of these people are fools that are fooling you into taking your money, claiming their riches when in reality everything is overleveraged.Like many things in life if it's too good to be true, it's likely too good to be true.

I don't think it will be any "harder" or "easier" changing title/loan into the LLC from a mechanical standpoint, but the lender might be more willing/able if the same people were in the LLC as the original loan.

If you're new to new build construction (or construction in general), I would get a local Architect onboard to be your eyes and ears in taking on the project and helping to assemble your team.

What are you targeting for returns whether it be IRR or cash on cash?

I don't want to be insensitive. 

I also would not overlook the power of joining Facebook groups for people looking for rentals, especially if you are placing a tenant yourself.

This is the worst sales market we have seen in well over a decade.

The outskirts of Atlanta covers 20 counties and millions of people. 

It will be managed by a behavioral health company that guarantees a house manager, so I am shielded from any issues with the tenets.

This sounds like your situation, Brody.It may be easier and more convenient to find one lender that provides both the purchase and rehab funds but don’t feel that your hands are tied.